Self-select equity Isa holders get deadline boost

Professional Adviser
clock •

Self-select equity Isa holders can hold what appears to be? a maxi cash Isa, leaving part or all o...

Self-select equity Isa holders can hold what appears to be? a maxi cash Isa, leaving part or all of their subscription in cash without a specified investment deadline, according to Inland Revenue regulations. This capacity allows investors to put money into stocks only when they feel comfortable doing so, while still taking advantage of Isa tax breaks. Provided the Isa holder intends to invest in shares and securities, there is no official Revenue deadline by which they must do so or limit on the proportion of the fund that may be held in cash. The only stated requirement is for I...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on ISAs

Lifetime ISA penalties sting more than 150,000 savers

Lifetime ISA penalties sting more than 150,000 savers

Triggered almost £119m in withdrawal charges

Laura Miller
clock 16 September 2026 • 4 min read
Beyond 'patronising' narratives: Culture and circumstance as gender ISA gap drivers

Beyond 'patronising' narratives: Culture and circumstance as gender ISA gap drivers

Caring responsibilities often mean women have less left to put aside

Sophia Panayi
clock 11 August 2026 • 3 min read
Investment ISA cash interest changes: Yet more stick, no carrot

Investment ISA cash interest changes: Yet more stick, no carrot

'These measures fail to recognise that cash is used intentionally by savers as a strategic asset'

Kate Toumazi
clock 15 July 2026 • 4 min read