HMRC expands variety of qualifying investments for ISAs

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The HMRC in the UK have published amendments to the Individual Savings Account (ISA) and the Child Trust Funds (CTF) regulations in order to extend the list of eligible investments which can be held in an ISA or CTF. It is thought that this will enable more small and medium sized enterprises SMEs to include an increased number of investment trusts and securities issued, which will be beneficial for the economy in the UK long-term.