CryptoPlankton wrote:Bouleversee wrote:Terry -
Do you have a record of what one would have contributed if one had put the max. each year into PEPs and their successors (wasn't there something between PEPs and ISAs?) up to the present day? If so, could you please share on here.
Sorry, not Terry, but that made me curious! According to the FT, the maximum possible subscription to the end of the 2017/18 tax year was £280000 - so £340000 including the current tax year:
https://www.ft.com/content/3b8e19e8-3c1 ... 04d3811663
(If you can't access that it was the 8th result for Google search "how much total contribution to PEPS and ISAS")
There are a few wrinkles.
For instance, for a while you could contribute extra to "single company PEPs". They were later merged into general PEPs but some folks like me, who otherwise have committed the max since their inception, did not use them.
There used to be different limits depending on whether you bought shares or funds.
There was one year when those over a certain age could contribute a little more.
That said, your £340000 sounds like it is in the ballpark, if you maxxed out every opportunity.