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ISA

I have an ISA I took out in 2025 but it matures in July 2026.

Can I open a new ISA for 2026 and put the full amount in it.

Comments

  • Ayr_Rage
    Ayr_Rage Posts: 4,252 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper

    Yes, you can open a new ISA on or after the 6th April 2026 with the full £20,000

  • flaneurs_lobster
    flaneurs_lobster Posts: 12,411 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper

    You can open as many new ISAs as you want in any tax year. You can deposit up to £20k total into these ISAs in any one tax year.

    Was your deposit in 2025 for the maximum £20k? If less, you have until April 5 to deposit up to your limit.

    From April 6 your personal limit resets to £20k for the new tax year.

  • surreysaver
    surreysaver Posts: 5,487 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    When you say you opened one in 2025, was it before or after 6th April?

    If after, how much did you pay in - was it £20k, or less than £20k?

    I consider myself to be a male feminist. Is that allowed?
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