Best of british isa application - Size 2025

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  1. Click ‘Get Form’ to open the Best of British ISA application in the editor.
  2. Begin by filling in your personal details. Enter your title, surname, forenames, address, postcode, email address, daytime telephone number, National Insurance number, and date of birth.
  3. In the investment details section for tax year 2001/02, select whether you want a Mini ISA or Maxi ISA. Specify the total lump sum you wish to invest (minimum £2,000) or allocate amounts to UK Growth and UK Smaller Companies funds (minimum £1,000 per fund).
  4. Repeat step 3 for tax year 2002/03 if applicable. Ensure all fields are completed accurately to avoid rejection of your application.
  5. Read and agree to the declaration and authority statements provided at the end of the form before signing and dating it.
  6. Attach a cheque made payable to Framlington Unit Management Ltd and submit your completed form through our platform.

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Although the average age of an ISA millionaire is 72, the youngest ISA millionaire with AJ Bell is just 36 years old which should give encouragement to anyone squirrelling away as much as they can into their ISA to achieve a seven-digit figure.
In the latest annual data obtained by Plum, the number of ISA millionaires tracked by HM Revenue Customs rose by around 20% from 2022s figure of 4,070, and marked an 11-fold increase from just 450 in 2016. As a result, the average ISA millionaire now owns a pot of roughly 1.3m.
Among ISA holders aged 65 and over, the average account is worth more than 63,000, while under 25s have around 7,700. Around 1.8 million ISA holders used the full 20,000 annual ISA allowance, according to HMRCs most recent figures, equating to roughly 8% of all ISA holders.
The ISA allowance is the amount you can add to your ISAs each tax year. You can use the full 20,000 annual ISA allowance to pay into an ISA. Or, you can split the allowance across different ISAs (subject to individual account limits) as long as you dont pay in more than 20,000 across all of them.
In contrast, more than 3,000 people have become millionaires through their stocks and shares ISA, and a further 30,000 have built up more than 500,000 for their futures.

People also ask

ISA allowance 2025/26 The Government puts a cap on how much you can put into your ISA or ISAs in any tax year (from 6 April 5 April). The ISA allowance for 2025/26 is set at 20,000. The ISA limit for Junior ISAs is 9,000 for 2025/26.
There are about 7,000 people with ISAs worth between 750,000 and 1 million, and a staggering 30,000 with between 500,000 and 750,000. This certainly surprised us!
Average ISA balance The ISA holders with the highest salaries, earning 150,000 or more, could withdraw 96,171 from their accounts. Older savers (aged 65 and above) could withdraw an average of 63,365. By contrast, savers under the age of 25 were most likely to have ISAs valued between 1 and 2,499.

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