One Four Nine Wealth – Guide to individual savings accounts 2024-25
ISAs offer a versatile and tax-efficient way to save for the future, whether for yourself, your children, or your grandchildren. Now that we have entered the new financial year, significant changes have been introduced to ISAs.
Since 6 April, savers and investors have had a more flexible approach to using their ISA allowance. For the first time, individuals can open multiple accounts of the same type of ISA within a single tax year, from 6 April one year to 5 April the next, provided they do not exceed the annual ISA limit. This marks a departure from previous rules, which annually restricted savers to one account per ISA type.
Read our six page guide to individual savings accounts 2024-25 here.
The Financial Conduct Authority does not regulate on Tax Planning.
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