How much can you invest in an ISA each year?

The tax year runs from 6th April to 5th April the following year. The 2019 – 20 ISA allowance is £20,000 which can be saved in any combination of cash, stocks and shares and/or peer-to-peer investments. Hodge only offers cash ISA’s.

How much can you invest in an Junior Cash ISA each year?

The tax year runs from 6th April to 5th April the following year. The 2020 – 21 ISA allowance is £9,000 which can be saved in any combination of cash, stocks and shares and/or peer-to-peer investments. Hodge only offers cash ISA’s.

How many ISA’s can I have?

You cannot open more than one Cash ISA, one Stocks and Shares ISA and one innovative finance ISA in each tax year. Apart from that restriction, there are no limits on how many you can have. So if you opened one ISA every year for 10 years, you could have 10 ISA’s.

How much money can be withdrawn from an ISA?

To access your account before the end of the fixed rate period, an exit fee will be charged. You can transfer all of your account at any time by writing to us, however there will be a fee for the withdrawal, details of which will be outlined in the Terms & Conditions of your account.