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ISA update - increase in ISA subscription limits

You may be aware that HM Treasury has made changes to the ISA Regulations, increasing the maximum amount you can invest each tax year in an ISA.

There are 2 dates for you to be aware of for the new ISA limits:

·         0  For those born on or before 5th April 1960, in other words those aged 50 or over at the next tax year end, the overall ISA limit will increase to £10,200 (up to £5,100 of which can be saved in a Cash ISA) on 6 October 2009.

·         0  From 6 April 2010 the subscription limit changes will apply to all investors aged 18 or over.

Please contact us for further information.

 



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