Tax and wrappers · Guide
Stocks and shares ISA: how it works in 2026/27 after Budget 2026
You can pay up to £20,000 into ISAs in 2026/27, and Budget 2026 kept that limit for 2027/28 while reversing the planned cash ISA cut. Inside a stocks and shares ISA, dividends, interest and gains are free of UK tax, but the investments can still fall in value.
