ISA allowance
The maximum amount you can pay into ISAs in a tax year. For 2023/24, it’s £20,000. You can split this allowance between different types of ISAs, providing you stay within the overall limit. You can only subscribe to one ISA of each type per tax year.
Keep in mind that a Lifetime ISA has its own limit of £4,000 per tax year. Payments into AJ Bell’s Lifetime ISA count towards both the Lifetime ISA payment limit and the overall £20,000 ISA limit.
Popular terms
The Pension builder fund is AJ Bell’s low-cost standard option, designed to help you invest the money you’ve paid into...
A type of pension that you set up yourself. You control how much you pay in (and when) as well as...
An asset you buy with the hope of generating an income, profit or a combination of the two. Common types...