Tax free investments (ISA, PEP)

Up to £7,000 can be invested in an Individual Savings Account in 2007/08, no more than £3,000 in the "cash component" and no more than £1,000 in the "life assurance component".

No additions can be made to a Personal Equity Plan after 5.4.99, but income and gains within the PEP remain tax free, and the tax credit on dividends will be repaid until (as for ISAs) 5.4.04 at a rate of 10/90.

[ previous ] | [ next ]

Home | Disclaimer | Privacy