HMRC have updated their guidance across a number of topics relating to individual savings accounts:
Innovative finance ISA investments for ISA managers
“Peer-to-peer loans, crowdfunding debentures and cash investments that qualify for innovative finance Individuals Savings Accounts (ISAs).”
Stocks and Shares investments for ISA managers
“Find out which stocks and shares you can purchase, make or hold in an investor’s stocks and shares ISA.”
Manage ISA subscriptions for your investors
“Find out the rules on ISA subscriptions and what counts towards the subscription limit if you’re an ISA manager.”
Managing Lifetime ISA applications and accounts
“Find out who can open a Lifetime ISA, what information Lifetime ISA managers need to apply, how people pay and claim government bonuses.”
“Who can be an ISA manager, how to apply and when to tell HMRC you’ll stop being a manager.”
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Income Tax is a substantial single-volume guide to all the income tax issues commonly faced by most accountants and tax practitioners.
