In the UK for the 2025/2026 tax year, there is no limit to how many stocks and shares ISAs you can have with different providers. You can open and contribute to multiple stocks and shares ISAs. However, the total amount you can invest across all your ISAs (stocks and shares, cash, innovative finance, and Lifetime ISA combined) is limited to £20,000 per tax year. This annual allowance is the maximum total contribution allowed across these ISAs, not per ISA account. More specifically:
- You can open and contribute to multiple stocks and shares ISAs in the same tax year if you wish.
- You must keep your total contributions across all your ISAs within the £20,000 annual limit.
- You can split the £20,000 allowance between different types of ISAs (e.g., some in stocks and shares ISAs and some in cash ISAs).
- The Lifetime ISA is an exception; you can only open one Lifetime ISA and contribute up to £4,000 per year to it, which also counts toward your £20,000 total allowance.
In summary, there is no set limit on the number of stocks and shares ISAs you can have, but the amount you can put into them combined with other ISAs cannot exceed £20,000 in the same tax year.
If information is needed on how to manage multiple ISAs or any other related details, further inquiries can be made.
