Skip to content

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

How much can I deposit in a cash ISA and a stocks and shares ISA each year?

You can invest a total amount of £20,000 across every ISA type during the 2022/23 tax year – which runs from 6 April 2022 to 5 April 2023. Please note, you can only contribute to one of each type of cash ISA, stocks & shares ISA, innovative finance ISA and lifetime ISA in each tax year.* IG only offer stocks and shares ISAs.

However, if you subscribe to a stocks and shares ISA with another broker in the current tax year and then transfer the ISA to IG, the whole ISA and current-year subscriptions are deemed to originate from IG. This means you can continue to subscribe up to the current annual limit.

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

What happens to any realised profits if they exceed the tax allowance?

Any gains made in an ISA are free from tax, regardless of whether or not the gain takes you above your annual allowance.

Related questions

Improve your skills

Become a better trader with IG Academy. Take engaging step-by-step courses, attend expert-led seminars and webinars. 

Get peer support

Have your questions answered by like-minded traders and IG staff over at IG Community.