This is perhaps one of the most challenging aspects of ISA Administration and continues to generate the majority of questions from ISA managers. There have been several changes to the ISA regulations over the last few years, including amendments to the ISA guidance which mean that managers must inform HMRC when they discover any non-ISA qualifying investments increasing the importance that managers only purchase those investments which meet the criteria specified in the ISA regulations.
The workshop will look in detail at how to determine if an investment qualifies to be held within an ISA, taking delegates through the stages of investigation necessary to make a decision. It also covers issues surrounding income and corporate actions. Delegates will explore a number of case studies as well as undertake a question and answer exercise to facilitate deeper understanding of the issues.