Can I open an IG Smart Portfolio ISA and a share dealing ISA in the same year?

Yes. Each tax year you’re only able to open one stocks and shares ISA and one cash ISA. An IG Smart Portfolio ISA and share dealing ISA are both stocks and shares ISAs, but as they’re held under one entity, IG Markets, they’re classed as a single stocks and shares ISA.

This means you can open both accounts, and invest your full ISA allowance (£20,000 for 2019/20) between them.*

*Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.

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