bettyboo

Are you allowed to have £75,000 in a ISA account?

Jackie B

Can't see why not, providing you only put the allowed amount by the government into it each year

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Counting down to: My first born and his mates visiting Tenerife for his 22nd Birthday
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bettyboo

Are you allowed to have as many ISA accounts in different banks+building societies?

old golfer

Yes but a max of £3000 per year

Here is the Tax man's leaflet .... read and digest... or you may get the Jail...

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C.I.M

Depends on the type of assets you hold.
Cash limit was raised to £3,600 per annum for 2008-2009 You can add more in stocks and shares, up to a total cash and stocks & shares of £7,200 per annum.

You can have different ISA´s with different companies but can only open one per year. Good idea to use different banks if you have accrued more than £35,000 in any one ISA in order to maximise your investor protection should the bank fail.

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Five Arches

Hi

There is also a condition that you must be a resident and ordinarily reside in the UK. There are some exceptions to this such as service staff etc.