One thought on “How much can you pay into an ISA?

  1. Arti says:

    Any income made on investments in a stocks & shares ISA can either be withdrawn, reinvested back into the investment it has come from, or held as cash in your account. a few investment types, which include certain funds, may only allow you to reinvest your income. This is known as your annual ISA allowance. You can do this at any time. Although a stocks & shares ISA should be seen as a medium to long-term investment – things can, and do, happen out of the blue – and you may want to withdraw money from your ISA. The total amount you can save in ISAs in the 2021-2022 tax year is £20,000. This limit’s set by the government and can change from one financial year to another.

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