From 6 October 2009, any individual who will be aged 50 or over on or before 5 April 2010 will be able to increase their cash ISA deposits from £3,600 per annum to £5,100 per annum.

In all other cases, the annual limit remains set at £3,600 for the tax year ended 5 April 2010 at which point the annual limit increases to £5,100 for all individuals.

Posted on 15 Oct 2009