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Does the announcement regarding the UK ISA mean I can pay £25,000 subscriptions in for the new tax year?

Does the announcement regarding the UK ISA mean I can pay more subscriptions in for the new tax year?

The Governments consultation period for the new UK ISA does not close until the 6th June. We will follow this closely and will provide further details when available. The current allowance for ISA subscriptions remains unchanged at £20,000.