The government has laid regulations setting out the annual increases to individual savings account and child trust fund subscription limits.
The Individual Savings Account (Amendment) Regulations, SI 2017/186, increase the overall ISA annual subscription limit to £20,000, and the junior ISA subscription limit to £4,128, from 6 April 2017. Minor updates are made to the ISA and junior ISA rules to reflect changes to other legislation.
The Child Trust Funds (Amendment) Regulations 2017, SI 2017/185, increase the annual child trust fund subscription limit to £4,128 from 6 April 2018, and remove the requirement for account providers to apply a ‘lifestyling’ investment strategy for stakeholder child trust funds.
The government has laid regulations setting out the annual increases to individual savings account and child trust fund subscription limits.
The Individual Savings Account (Amendment) Regulations, SI 2017/186, increase the overall ISA annual subscription limit to £20,000, and the junior ISA subscription limit to £4,128, from 6 April 2017. Minor updates are made to the ISA and junior ISA rules to reflect changes to other legislation.
The Child Trust Funds (Amendment) Regulations 2017, SI 2017/185, increase the annual child trust fund subscription limit to £4,128 from 6 April 2018, and remove the requirement for account providers to apply a ‘lifestyling’ investment strategy for stakeholder child trust funds.
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