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New tax year, new allowances

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New tax year, new allowances

Today is the first day of the 2018/19 tax year, meaning you have all new allowances that are ready to be used. This year, you can invest:

  • £20,000 in an ISA
  • £4,260 in a Junior ISA
  • Up to £40,000 in a pension

This article was previously published on Tilney prior to the launch of Evelyn Partners.