skip to main content
Mar 2016

ISA allowance will be raised to £20,000 in 2017

ISA allowance will be raised to £20,000 in 2017

ISA allowance will be raised to £20,000 in 2017

ISA allowance will be raised to £20,000 in 2017

From April 2017 savers will be able to save up to £20,000 as part of their annual ISA Allowance,

The ISA allowance which for the upcoming 2016/2017 tax year will remain at £15,240 will increase from the 6th of April 2017. This increase was announced by the chancellor in today’s budget announcement that also included the announcement of a new ‘Lifetime ISA’.

It is unclear if any change will be made to the Junior ISA allowance, which currently has a limit of £4,080.

The lifetime ISA will be a new kind of ISA designed to help people aged between 18 and 40 save for both the purchase of a first time home and their retirement simultaneously, and benefit from up to 25% contributions from the government. Find out more about the Lifetime ISA by clicking here.

Lifetime ISAs

Save for your first home and retirement

Compare Lifetime ISAs

Junior ISAs

Invest for your child’s future

Compare Junior ISAs: 

Stocks & Shares ISAs

Invest tax-free in stocks and shares 

Compare Stocks and Shares ISAs:

Latest News

5 Considerations for Your Next Investment ISA

15th March 2021

You've decided to invest your savings into a Stocks and Shares ISA. You'll be using your tax-free ISA allowance for this year before the deadline, while also investing your money for your future. But what do you need to consider before opening an account? We've put together a list of our top five considerations for you to think about before you click "apply". 

Newsletter Signup

Sign up to our Newsletter to get exclusive news and offers direct to your inbox.

About us is a trading style of Fair Investment Company.

We've been comparing and recommending ISAs for many years so you can trust you're in good hands.

About us