TISA welcomes Treasury ISA top-up plans
The Tax Incentivised Savings Association (TISA) has welcomed Treasury proposals which will give investors affected by the failure of financial firms the opportunity to use compensation to top up their ISAs beyond the current subscription limits.
Under existing rules, any reinstatement of ISA investments previously held in failed firms still count towards the £10,680 annual limit, of which £5,340 can be cash. However, under the Treasury's proposed...
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