HMRC extends ISA deadline for Icesave savers

Depositors' money was returned from the online UK subsidiary of failed Icelandic bank Landsbanki with a certificate enabling them to re-invest it without losing its tax-free status, according to the BBC. Icesave collapsed on 7 October last year, with over 300,000 UK customers unable to access a total savings of £5bn. Much of this amount was in Icesave's Isa account which paid 6.1%. The certificate was only valid until 5 April 2009 with some customers yet to receive it. Consequently, HMRC has increased the deadline by six months to 5 October 2009. The change was announced in HMRC's ISA...