PBR: Chancellor confirms Isas to stay

Delivering his speech in the House of Commons, Brown said: “The number of people with tax-free savings exceeds 16 million, in contrast to the 9 million under the Tessa regime. “The tax-free advantage of individual savings accounts will continue beyond 2010 and they will be permanent,” adds Brown. He also confirmed a new tax relief system will be introduced on January 1st, 2007on film investments, as he says the films made in the UK has risen by 50% since 1997 and is keen to encourage more production. The restriction preventing investment trusts with rental income from being an inves...