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ISA Bulletin 26

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22 October 2010

Issue: 4278 / Categories: News , Investments

Details of subscription limits for 2011/12

HMRC’s latest ISA bulletin provides details of the ISA subscription limits for 2011/12.

From 6 April 2011, they will be calculated by reference to the retail prices index (RPI) figure for the September before the start of the new tax year.

The RPI for September 2010 was 4.6%, so for 2011/12 the overall ISA subscription limit will be £10,680 of which up to £5,340 can be subscribed to a cash ISA.

Issue: 4278 / Categories: News , Investments

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Readers forum: Claiming pre-registration input tax Practice tip: 19 December 2024 New Queries: 19 December 2024 Readers’ forum: Should I advise my client to declare income? Readers’ forum: Pension scheme set up as discretionary trust?

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NEWS

Automated tracking system for taxpayers could save £36m a year, study shows Welsh income tax rates are unchanged Business expenditure on R&D rises in 2023 HMRC targets landlords who may have undeclared rents Lump sums cannot be returned to pension scheme

Third slide

Deadline dates for January 2025

CASES

No extenuating circumstances to extend deadline Delay in issuing penalties was no excuse for late return Sales of occupation income avoidance rules apply Whole of settlement was not subject to tax Payments were taxable as earnings

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Readers forum: Claiming pre-registration input tax No extenuating circumstances to extend deadline This week's opinion: 19 December 2024 Automated tracking system for taxpayers could save £36m a year, study shows Welsh income tax rates are unchanged

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