The adult ISA limit will be maintained at £20,000 for 2020/21 rising in line with consumer price index thereafter. The adult ISA threshold was originally increased to £20,000 in 2017/18.
This means that a couple will still be able to put £40,000 into ISAs throughout 2020/21.
The Junior ISA and Child Trust Fund annual subscription limit will be increased from £4,368 to £9,000 from 2020/21. By saving towards their future, families can give children a significant financial asset when they reach adulthood – helping them into further education, training, or work.