http://www.legislation.gov.uk/uksi/1998/1870/regulation/5B/2015-04-06

The Individual Savings Account Regulations 1998

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en

Statute Law Database

INCOME TAX

2024-06-19

Expert Participation

2015-04-06

These Regulations make provision for the setting up of accounts (Individual Savings Accounts) by account managers, to which an individual may make subscriptions, and through which those subscriptions are invested. The Regulations specify the individuals who may invest, permitted investments, and maximum investment limits, and provide for accounts to be managed by the account managers. The Regulations also make provision for relief from tax in respect of accounts, withdrawal of relief, and modifications of income tax and capital gains tax legislation in relation to accounts.