Hi, so the max allowed to invest for an ISA per year is 20k, I have known this for a while but I always had this question in mind.

This means that you can put and buy shares through the trading212 ISA a total amount of 20k in lets say this year 2020, then the next year put another 20k and do the same right?

So lets say the first 20k gives you 10%, then the next 20k of the following year gives you another 10%, you would have 20k * 1.1 + 20k * 1.1 = 44k in total -> +4k in gains right?

This without paying any taxes?

Thanks!