What's the maximum amount I can pay in to my ISA?
Updated 02 April 2020
There is a maximum amount you can pay into ISAs each year, and this is set by HM Revenue & Customs.
The maximum yearly savings limit for ISAs is £20,000 for the 2020/21 tax year. You can pay this total amount into a stocks and shares ISA, cash ISA, innovative finance ISA, or in any combination you choose. However you can only contribute a maximum of £4,000 to a Lifetime ISA each year.
The flexible ISA rules introduced on 6 April 2016 don't apply to the Retiready ISA, which means that if you make a withdrawal, you won't be able to replace it without it counting towards your annual limit.