What are my ISA subscription options?
You can invest in one cash ISA and one Stocks and Shares ISA each Tax Year. At the start of tax year 2009/2010 (6 April 2009) the overall ISA subscription limit was £7,200, of which up to £3,600 could be subscribed to a cash ISA. From 6 October 2009, the ISA subscription limit is £10,200 for anyone eligible to invest in an ISA who was born on or before 5 April 1960 (i.e. who will be aged 50 or over as at 5 April 2010). Up to £5,100 of the new ISA allowance can be saved in a cash ISA with one provider. The remainder of the £10,200 can be invested in a stocks and shares ISA with either the same or another provider. Alternatively, the full £10,200 can be invested in a stocks and shares ISA with one provider. These higher limits will apply to all eligible ISA investors with effect from 6 April 2010.
