Word on the Street

The Revenue has made moves to ease the Isa regime - in particular the complicated part of what to do...

The Revenue has made moves to ease the Isa regime – in particular the complicated part of what to do when you have accidentally oversubscribed. Few investors have ever truly understood the ins and outs of the Isa limits and combinations they are entitled to make in any tax year. It would seem the Revenue has now decided to concede this point, ahead of any announcement by the Government on the future of the vehicle, expected in the Pre-Budget report on 6 December. Economic secretary to the Treasury Ed Balls announced changes to the Isa regime earlier this month. The reform package in...