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ISA allowance if not buying stocks?


Radobi

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Hi,

I understand that the annual ISA allowance is £20,000. I did not deposit any amount into any ISA this year. If I deposit that amount between now and 5th April (the end of the tax year), in my IG ISA share dealing account but I don't buy any shares with this amount, would I still be able to deposit £20,000 from April 5th onwards to my account to make my total funds £40,000 which I can then decide how to invest and which shares to buy?

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