What is eSavings ISA?
Our eSavings ISA is a cash ISA that allows you to save and receive tax-free interest. The Government sets the taxation and the annual subscription limit for a cash ISA, they are currently £3,600 per tax-year (a tax year runs from 6th April to 5th April the following calendar year). Please note that the £3,600 cash ISA annual limit represents payments into your ISA, not the balance of the account. As such, if you have already deposited a total of £3,600 into your ISA this tax year then you are unable to add any more ‘new’ funds until the next tax year, even if you have withdrawn funds in the interim period.
