Contribution Limits for persons aged 18+
| Maxi |
£7,000 |
| Mini Stocks and Shares |
£4,000 |
| Cash |
£3,000 |
Contribution Limits for persons aged 16 and 17
With effect from 6 April 2005, the Insurance ISA element was merged with the Stocks & Shares element and will no longer be available individually.
No tax on interest, dividends or capital gains, however, with effect from 6 April 2004, no dividend tax credits will have been made to Stocks & Shares ISAs.