Policy paper

Income Tax: extending Individual Savings Account tax advantages after the death of an account holder

This applies to individuals administering the estates of deceased Individual Savings Account (ISA) savers and beneficiaries of these estates.

Documents

Draft clause 21

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Draft explanatory notes clause 21

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Details

This legislation will allow the ISA savings of deceased individuals to continue to benefit from income tax and capital gains tax advantages, where these savings are retained in an ISA.

Published 9 December 2015