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Holly Mackay
Holly MackayFounder and CEO

Can l invest the maximum yearly amount in an ISA this month and next month?

6 Mar, 2023

Question by Dave

Can l invest the maximum yearly amount in an ISA this month and next month?


Answered by Chris Broome

Hi Dave,

An excellent question to ask.

Assuming you have not utilised your ISA allowance for the 2022-23 tax year, then yes, you could make a contribution ahead of 05/04/23 (for tax year 2022-23), then make another contribution on or after 06/04/23 (for tax year 2023-24).

I hope this answer helps.

If you need any further support please let me know.

Kind regards

Chris Broome.