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Providing you are eligible you can invest in each type of ISA. As
ISAs do not close when the tax year finishes, you can also hold multiple ISA
accounts. However, you can only put money into one of
each kind in each tax year. So if you
have put money in one type, you cannot open a second of the same type. For example, if you have put funds into one
IF ISA in the current tax year, you cannot put funds into another IF ISA unless
you transfer the account. There is an exception to this for Flexible
ISAs. See the question 'What is a Flexible ISA?'.
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