The tax free savings system has been simplified since the days of Maxi ISAs, and the allowances have been raised. Now there are just two types of ISA:
Whereas before, you could not open a Mini ISA if you already had a Maxi ISA, you may now have both a Stocks and Shares ISA and a Cash ISA and pay into both during the same tax year, as long as you do not exceed the cash ISA limit, and your combined deposits do not exceed the stocks and share limit. If you had a Maxi ISA and are confused about the changes, read our FREE Guide to ISA Changes.
Click on the link below to compare our top ISA picks in an easy to use table: