Can you have a Lifetime ISA and a Stocks and Shares ISA?
Yes, you can have both a Lifetime ISA (LISA) and a Stocks and Shares ISA.
You are allowed to contribute to both these types of ISA in the same tax year. You can split your £20,000 annual ISA allowance between each type of ISA account that you have. This includes Cash ISA, LISA, and a Stocks and Shares ISA.
Remember, you can only pay in up to £4,000 into your LISA each tax year, and this comes out of your £20,000 annual ISA allowance.
You are also allowed to open more than one LISA, but you can only make contributions to one LISA per tax year.
If you're trying to decide if a Lifetime ISA is right for you, read our LISA vs Stocks and Shares ISA guide.
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We've sweetened the deal this tax year end: open an ii ISA by 5 April and get £50 worth of free trades.
That means we'll cover the first £50 worth of your trading fees when you invest in anything, from Amazon to Zoom.
Don't miss out - when the tax year ends, so does this offer.
New customers only. Capital at risk. Other charges apply. Terms apply.