From October 2009, all UK savers aged 50 and above had their annual ISA allowance increased from £7,200 to £10,200 (£5,100 of which can be used in a cash ISA). On 6 April 2010 - The new tax year, the increase was passed onto all savers, allowing all UK citizens to save and invest up to £10,200 every year without having top pay interest on the returns.
For more information on the rules around ISAs and how they can be beneficial to you, see the 'ISAs Explained' section below.
Please remember, you can only open one ISA each financial year and you are only allowed to add funds to one ISA during each financial year. You can however transfer existing ISA balances to a new ISA if you see a better rate offered (providing that ISA allows transfers).
For more information on the rules around ISAs and how they can be beneficial to you, see the 'ISAs Explained' section below.
Please remember, you can only open one ISA each financial year and you are only allowed to add funds to one ISA during each financial year. You can however transfer existing ISA balances to a new ISA if you see a better rate offered (providing that ISA allows transfers).

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