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ISAs

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?

Comments

  • Patsy_AT said:
    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?
    I have a stocks and shares ISA that I never pay into. 
    Why?
    MSE Isa link.
  • Sam_666
    Sam_666 Posts: 128 Forumite
    100 Posts First Anniversary Name Dropper
    You got £20K isa annual allowance each year. You can use it for cash or shares or both.
    It might change in Nov.
  • clairec666
    clairec666 Posts: 529 Forumite
    500 Posts Name Dropper
    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.
  • Albermarle
    Albermarle Posts: 28,355 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    If you want to improve your knowledge about ISA rules ( which can be a bit confusing) a good read through this forum would be useful
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