The ISA investment allowance for the tax year 2013/14 will be raised to £11,520.
Up to £5,760 of that allowance can be saved in a cash ISA.
The remainder of the £11,520 can be invested in a stocks and shares ISA with either the same or a different provider.
The Junior ISA investment allowance for the tax year 2013-14 will be raised to £3,720, as will the Child Trust Fund investment allowance.
Contact us for more information and find out how our independent investment advice on ISAs, Junior ISAs and other investments can help get your money working harder for you.
Farrell Financial Planning are independent financial advisers (IFAs) based in Glasgow.
Farrell Financial Planning offer independent financial advice on a whole range of areas.
Investment returns aren’t guaranteed. The value of your investment can go up or down so you may get back less than you paid in. All information is based on Farrell Financial Planning’s understanding of UK law & HMRC practice in the UK. Tax and legislation are subject to change.