We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
ISAs
Patsy_AT
Posts: 9 Forumite
I have a stocks and shares ISA that I never pay into. Can I also open a cash ISA? And if so how much can I pay into it per tax year?
0
Comments
-
-
You got £20K isa annual allowance each year. You can use it for cash or shares or both.
It might change in Nov.1 -
If you haven't paid any money into an ISA this tax year, you can put in £20000. It doesn't matter that you have an unused ISA still open.2
-
If you want to improve your knowledge about ISA rules ( which can be a bit confusing) a good read through this forum would be useful2
-
Should have been clearer. I have money in my stocks and shares ISA that is gradually growing but rather than adding to it I want the steadier option of a cash ISA as well.FrugaiMacDugal said:0 -
Yes.Patsy_AT said:
Should have been clearer. I have money in my stocks and shares ISA that is gradually growing but rather than adding to it I want the steadier option of a cash ISA as well.FrugaiMacDugal said:You can open a Cash ISA & pay in up to £20k.You could open several if you wanted to, as long as you don’t pay in more than £20k in total before 5/4/26.After 6/4/26 you’ll have another £20k ISA allowance. (Under current rules)0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards