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 index | page back | eligibilty & options
ISA Investment limits & advantages
MAXIMUMS
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Maxi ISA
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 £7,000 Per Tax Year
Within this maximum an investor can spread their investment
as follows:
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1.
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All £7,000 into Stocks and Shares
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2.
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A combination of
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a)
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£3,000 into Cash
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b)
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£1,000 into Life Insurance
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c)
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The balance into Stocks and shares
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MINI ISAs
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STOCKS & SHARES
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£3,000 ceiling for the Stocks & Shares ISA
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INSURANCE
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£1,000 ceiling for the Insurance ISA
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CASH
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£3,000 ceiling for the Cash ISA
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MINIMUMS There are also no statutory
minimum subscription levels
Advantages of Maxi & Minis
A MAXI ISA will be appropriate for investors wishing to use the stocks
and shares element to its full potential. The MAXI allows a
higher stocks and shares investment limit, which makes it an
attractive replacement for PEPs.
The main advantage to an investor choosing Minis is that they can take
out each ISA with a different provider. For example, the investor
may want a Cash ISA from their bank, a stocks and shares ISA from an
investment house, and tax efficient With-Profits investment from a Life
office.
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