What Date Can I Start A New Cash Isa 2024. The new type of isa will allow investors to invest an additional £5,000 a year tax free in uk assets, on top of the existing allowance of £20,000 in cash or shares in each tax year. This means, for example, you can open and pay into:
Changes to individual savings account (isa) rules coming into effect from 6 april 2024 will bring three important updates to stocks and shares isas. Currently, you can open and pay into one isa of each type in the same tax year.