Since their launch in 1999 as a replacement for Peps and Tessas, Isas have become a popular product ...
Since their launch in 1999 as a replacement for Peps and Tessas, Isas have become a popular product with investors in the UK. The past couple of years, however, have seen falling subscription levels. This has been attributed to a number of factors, including the war in Iraq in 2003 and underperforming worldwide stock markets over recent years, but could it also be a reaction to the planned changes to tax credits? The Isa, in its current form, offers both shelter from capital gains tax (CGT) and a tax credit on dividend income, but from 6 April 2004 the latter of these two benefits will be ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
