Govt consults on growing range of shares in ISAs

Nicola Brittain
clock

The government is consulting on plans to expand the range of shares that are eligible for a stocks and shares ISA.

As outlined in last year's Autumn Statement, the government wishes to permit company shares traded on a wider range of equity markets to be eligible for a stocks and shares ISA, including markets with a component of smaller company shares.  The government said the policy could lead to an important capital injection for small to medium-sized enterprise (SME) equity markets and encourage more investment in growing businesses. Economic Secretary to the Treasury Sajid Javid said: "Access to finance for smaller growing companies is key to promoting private investment and delivering a susta...

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

AJ Bell CEO cautions chancellor over proposed pension IHT changes

AJ Bell CEO cautions chancellor over proposed pension IHT changes

Michael Summersgill wrote to the Treasury over Budget shake-up

Linus Uhlig
clock 25 November 2024 • 3 min read
Investors flock to ISAs amid fears of Autumn Budget CGT hike

Investors flock to ISAs amid fears of Autumn Budget CGT hike

Rise in maxed out allowances as Budget looms

Cristian Angeloni
clock 23 October 2024 • 3 min read
Why clients should consider a switch from Help to Buy to Lifetime ISA

Why clients should consider a switch from Help to Buy to Lifetime ISA

Almost five years since Help to Buy ISAs were closed to new applicants

Laura Suter
clock 22 October 2024 • 3 min read