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Posted Thu, 15 Feb 2024 16:36:53 GMT by
Under the new rules will I be able to set up two cash ISA's in the same tax year ? Currently I have a cash ISA with over £85,000 in which I want to divide inti two ISA's each below £85,000.
Posted Tue, 20 Feb 2024 11:13:53 GMT by HMRC Admin 5
Hi

Yes you will be able to open more than 1 cash ISA from 6/4/24. However, the same limit of £20,000 investment applies over the tax year no matter how many you open.

Thank you
Posted Tue, 20 Feb 2024 11:41:35 GMT by
Very helpful. Many thanks From Steve Parkman

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