Individual Savings Accounts and Building Societies Factsheet

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Tax year 2016-2017

For eligible investors aged 18 or over the annual ISA subscription limit in this tax year is £15,240.  The limit for investors aged 16 and 17 (who can only subscribe to a Cash ISA) is £15,240.

Up to £15,240 of the allowance can be saved in a Cash ISA with Hinckley & Rugby or split between a Cash ISA, a Stocks and Shares ISA (with another provider) or an Innovative Finance ISA (with another provider).  We do not offer Stocks and Shares ISAs or Innovative Finance ISAs.  Alternatively, the full £15,240 can be invested in a Stocks and Shares ISA or Innovative Finance ISA with another provider.

The Society offers a range of Cash ISA accounts but only accepts subscriptions into one Cash ISA account in any one tax year.

The BSA provide a leaflet which details the basics of how ISAs work and provides links for further information. Please click here to view