The Individual Savings Account (Amendment) Regulations 2009
Income tax
Tax
en
King's Printer of Acts of Parliament
2011-07-04
INCOME TAX
These Regulations amend the Individual Savings Account Regulations 1998 (S.I. 1998/1870: “the principal Regulations”). The main effect of these Regulations is to increase the ISA subscription limits for individuals who will be aged 50 or over not later than 5th April 2010, to £10,200 (annual overall limit) of which up to £5,100 can be invested in a cash ISA, with effect from 6th October 2009. Those limits will apply to all ISA investors (except those between the ages of 16 and 18 who may only invest in cash ISAs) from 6th April 2010.
Amendments having effect for the tax year 2010-11 and succeeding tax years8
In regulation 4(3) for “£3,600” substitute “£5,100”.