Definitions for "Mini ISA"
Keywords:  isa, maxi, assurance, cash, invest
A tax-free saving account, where you can invest up to£3000 each year on cash saving or shares and stocks. Or you can invest up to £1000 on life insurance investments.
Can include only one of the three elements: stocks, and shares, life insurance and cash.
Choosing the Mini ISA option means that you can invest up to £4,000 in stocks and shares per tax year. You also have the option of opening a Mini Cash ISA and investing up to £3,000 per tax year.