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Autumn Statement: ISA limit hiked to £11.5k

by Jun Merrett on Dec 05, 2012 at 13:27

Autumn Statement: ISA limit hiked to £11.5k

Chancellor George Osborne has raised the ISA limit to £11,520.

Osborne also announced the government would consult on allowing stocks and shares in AIM companies to be held directly in ISAs.

The inclusion of small and medium enterprise shares in ISAs, if approved, would be implemented in 2014.

2 comments so far. Why not have your say?

Philip Wise

Dec 05, 2012 at 14:22

I wonder how much the chancellor will save by allowing AIM stocks in. If you dont put AIM stocks in an ISA, at least you can claim the capital losses.

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Rob C

Dec 05, 2012 at 14:43

Further to Philip's comment, aren't directly held AIM stocks IHT free as well????? So he loses some income tax in the ISA but potential gains some IHT. Neat and tidy work!

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