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Thread: 2012/13 Cash ISA what’s the new Allowance?

  1. #1
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    2012/13 Cash ISA what’s the new Allowance?

    Hi there, I’m trying to find the new tax free cash ISA allowance for 2012 2013, I tried on the HMRC website but can’t find it on there. I’ve been told that it’s gone up from the 2011 2012 amount and would like to know how much? I’m just after the tax-free cash amount not the shares one.
    Thanks


  2. #2
    Gav
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    The new tax-free cash ISA allowance is £5,640.

    Hi there, it took me a while to find it on the HMRC website. The new tax-free cash ISA allowance is £5,640 that's an increase of £300.

    I know you're only after the cash ISA, but if anyone else is interested the stocks & shares ISA is also £5,640 or if you don't put any into cash you can invest £11,280 tax free!

    If you have any other questions don't hesitate to ask and don't forget to check the ISA forum for the best interest rates.

    regards
    Gav.

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  1. 26th February 2012, 02:17 PM

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