Increases in ISA investment allowances

The annual ISA investment allowance is now £10,200 per annum. ISA savers will be able to continue to invest in two separate ISAs each year – a cash ISA and a stocks and shares ISA. The overall £10,200 allowance can be split between the two ISAs, however no more than £5,100 can be saved in a cash ISA in any one tax year.

The new rules apply to all ISA investors from 6 April 2010.