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Thread: ISA Allowance for 2014 to 2015, the new cash limit.

  1. #1
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    ISA Allowance for 2014 to 2015, the new cash limit.

    Update:
    New 2014/15 ISA Allowance for 2014/15 is now £11,880 - the cash allowance is £5,940, stocks and shares allowance £5,940 or you can use the entire amount for stocks and shares.

    Hi everyone I used Gav’s new page Highest interest rates for cash ISA, tax free Savings, Individual Savings Accounts. and got the best interest rate currently on offer for my 2013/14 ISA Allowance and I want to start thinking of 2014 to 2015 ISA year and was wondering what the new limit would be? I like to fill my cash allowance at the beginning of each tax year and try to put extra money into the stocks and shares as the year progresses. Think there’ll be a big increase for the 14-15 tax year?

    Cheers!


  2. #2
    Gav
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    Hey ISA Allowance; there's not great deals around for the 2013/14 at the moment which is a shame! As for the 2014/15 ISA limits will be out around September/October 2013, I'd suggest it'll be around £110 extra at the current inflation rate, hopefully around the £5,870 for the cash ISA.

    Good luck with the stocks & shares over the year, I've not had any experience with them yet.

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    Gav
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    Currently expecting the new allowance to be: £11,760. £5880 in cash & £5,880 in stocks and shares or the full amount in a shares ISA.

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    Gav
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    The new allowance is out:

    For all those wondering about the tax free savings for tax year of 2014 6 April until the 5th of April 2015.

    For the tax year: 2014/15 ISA Allowance for 14 - 15 is now £11,880 which can be split into: the cash allowance is £5,940, for those wanting to know about the stocks and shares allowance £5,940 or you can use the entire £11,880 for stocks and shares.

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