.png)
.png)
15 December 2015
Technical consultation now available.
HMRC have published a technical consultation, including draft regulations and explanatory memorandum, on the new innovative finance individual savings account (ISA). This account will be available to investors aged 18 or over.
As announced in the 2014 budget, from 6 April 2016, interest and gains from peer-to-peer loans will qualify for tax advantages when they are made this way.
Comments on the draft regulations should be emailed to savings.audit@hmrc.gsi.gov.uk by 1 February 2016.
