Showing Results For Tag: ISA

UK Treasury Publishes Results from Consultation on ISAs for Investment Based Crowdfunding
Wednesday, December 9th, 2015

The UK Treasury published the results and conclusions of the public consultation on whether to extend the list of ISA-eligible investments to include crowdfunded debt securities and equity. As a result, the Treasury has decided that debt securities made available via crowdfunding platforms will be eligible for ISAs, while for online equity investments the authority… Read more…

UK’s ISAs Scheme to Include P2P Investment Trusts
Friday, June 26th, 2015

At the beginning of this year the British Treasury announced that from 2016 P2P lending will be included in the ISAs scheme, thus allowing to shield from taxes up to £1000 in interests received from borrowers. A few days ago the HM Revenue & Customs (HMRC), the UK Tax Authority, expanded the ISAs scheme also… Read more…

P2P Lending will be Included in ISAs Scheme from 2016
Friday, April 10th, 2015

Last year the British Treasury announced its intention to introduce P2P lending in the personal savings allowance scheme (i.e. ISAs). One year later the authority confirms its intentions by declaring that from 2016 P2P lending will be included in the ISAs scheme, thus allowing to shield from taxes up to £1000 in interests received from… Read more…

The UK Considers Making P2P Lending Investments Tax Free
Monday, November 3rd, 2014

After the announcement that the tax free individual savings account (ISAs) will be extended to include peer- to-peer loans, the UK’s government launched a public consultation on the possibility to set up a separate ISA for people who want to lend out money through P2P portals. The consultation, which will last until the 12th December,… Read more…

The Outstanding Growth of P2P Lending in the UK
Tuesday, August 5th, 2014

Peer-to-peer lending in the UK is growing at an incredibly fast speed. Favored by FCA’s rules that treat peer-to-peer lending in a different way than equity crowdfunding, which is considered riskier, and by the tax discount (New ISA) which has been available since beginning of July, this new mechanism for borrowing capital is becoming more… Read more…