Pima pushes for Isa changes

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The Pep & Isa Managers' Association (Pima) has suggested the Government widens current Isa rules to ...

The Pep & Isa Managers' Association (Pima) has suggested the Government widens current Isa rules to increase the appeal of the tax-efficient wrapper. In a submission to the Government ahead of the Chancellor's autumn statement, the group has suggested it rethink its approach, with the proposed elimination of the 10% dividend tax credit on Isas in April 2004. The association is also trying to encourage the idea of exempting stamp duty within the Isa wrapper, believing this would help create a level playing field within financial products. Raising the subscription limits would improve...

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