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ISA Limits 2014/2015

Jan 15, 2014

ISA Limits 2014/2015

In the Autumn Statement 2013 issued by the government it was announced that:

"The government will uprate the ISA, Junior ISA and Child Trust Fund annual subscription limits in line with CPI. The 2014-15 ISA limit will be increased to £11,880 (half of which can be saved in a cash ISA). The Junior ISA and Child Trust Fund limits will both be increased to £3,840."

Therefore, as of 6th April 2014 the maximum subscription to a Cash ISA account will be £5,940, and the maximum subscription to a Junior ISA account will be £3,840.