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A popular way of holding shares is in an equity ISA.
Financial and business terms. 2012.
ISA — individual savings account (ISA) The new tax exempt savings scheme launched in April 1999 as a replacement for the personal equity plan ( PEP) and tax efficient special savings scheme ( TESSA). ISAs can be used to invest in a very wide range of… … Financial and business terms
ISA — individual savings account (ISA) A tax exempt savings scheme for individuals introduced in 1999 which replaces tax exempt special savings schemes (TESSAs) and personal equity plans (PEPs). For further information, see the HM Revenue & Customs… … Law dictionary
Equity (finance) — For equity securities, see Stock. Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management … Wikipedia
mini-cash ISA — UK US noun [C] BANKING, FINANCE ► a financial product in the UK that allows you to invest money in a savings account, etc. without paying tax on the interest: »You can put up to £5,100 in a mini cash ISA free of tax each year. → Compare CASH… … Financial and business terms
mini ISA — UK US noun [C] BANKING, FINANCE ► a financial product in the UK that allows you to invest in shares, etc. without paying tax on the interest: »Mini ISAs based on shares or insurance bring some risk, whereas those based on cash give a fixed return … Financial and business terms
Personal Equity Plan — In the United Kingdom a Personal Equity Plan was a form of tax privileged investment account. They were introduced by Nigel Lawson in the 1986 budget for Margaret Thatcher s Conservative government to encourage equity ownership among the wider… … Wikipedia
personal equity plan — noun (from 1987 to 1999) a financial investment scheme, offering certain tax benefits, that encouraged individuals to invest in British companies (abbrev PEP) • • • Main Entry: ↑personal * * * Personal Equity Plan [Personal Equity Plan] noun … Useful english dictionary
personal equity plan — ( PEP) Tax efficient scheme for investing in shares , unit trusts, investment trusts, and corporate bonds. Since April 1999, PEPs have been replaced by the Individual Savings Account ( ISA), which is a similar tax free investment account.… … Financial and business terms
Personal Equity Plan — (abbr PEP) n a system started by the Conservative government in Britain in 1987 to encourage people to save their money. People who bought a Personal Equity Plan could invest a limited amount of money in companies and did not have to pay any tax… … Universalium
Personal Equity Plan - PEP — An investment plan in the U.K. that used to allow people over the age of 18 to invest in shares of U.K. companies. It was done through an approved plan, qualifying unit trust, or investment trust. Investors received both income and capital gains… … Investment dictionary
