ISAs news: page 2
- March 2024
Government consults on British ISA allowing extra £5,000 UK equity investment
The government is consulting on a British ISA that would add £5,000 a year of tax-free UK equity investment on top of the existing £20,000 ISA allowance.
- November 2023
Autumn Statement 2023 announces Isa rule changes from April 2024
Savers will be able to pay into more than one Isa of the same type each tax year, make partial transfers and keep dormant accounts open from April 2024 under Autumn Statement changes.
Autumn Statement 2023 announced ISA simplification changes
The government has set out ISA rule changes announced at Autumn Statement 2023, including allowing more than one ISA of the same type per tax year and widening the Innovative Finance ISA.
- April 2023
Amendments to ISA and Child Trust Funds legislation take effect
HM Revenue and Customs has published amendments to Individual Savings Accounts and Child Trust Funds legislation, taking effect from 6 April 2023, covering safeguards for investors and clarification of doubtful cases.
- March 2023
ISA Regulations amended for Dormant Assets Act 2022, recognised schemes, investment trusts and junior ISA manager rules
The Treasury has amended the ISA Regulations 1998 with effect from 6 April 2023, changing dormant account definitions, recognised scheme status, investment trust share rules and junior ISA manager withdrawal.
- January 2023
Resolution Foundation publishes briefing note on government savings policies
The Resolution Foundation has published a briefing note assessing government support for household saving, recommending that Help to Save be extended beyond 2023 and that tax-free ISA savings be capped at £100,000.
- November 2022
FCA publishes consultation on simplified advice regime
The Financial Conduct Authority has published a consultation paper seeking a regime for simplified advice on investments into Stocks and Shares ISAs, it told the Work and Pensions Committee.