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Share range to be extended for ISAs

19 March 2013
Issue: 4395 / Categories: News , Investments

The government has published a consultation on allowing company shares traded on a wider range of equity markets to be eligible for a stocks and shares individual savings account (ISA).

The measure was mooted in the autumn statement, the idea being to include markets with a component of smaller company shares and encourage investment in these smaller entities. Comments should be submitted by email no later than 8 May 2013.

The government has published a consultation on allowing company shares traded on a wider range of equity markets to be eligible for a stocks and shares individual savings account (ISA).

The measure was mooted in the autumn statement, the idea being to include markets with a component of smaller company shares and encourage investment in these smaller entities. Comments should be submitted by email no later than 8 May 2013.

The limits for 2012/13 are £11,280, of which up to £5,640 of which can be saved in a cash ISA. These will be increased in 2013/14 to £11,520 and £5,760 respectively.

Issue: 4395 / Categories: News , Investments
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