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tabling member printed	Lord Hodgson of Astley Abbotts
legislature › pref label	House of Lords
answer › date of answer	2023-10-24

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tabling member printed

uin

answer

is ministerial correction

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answering member printed

question first answered

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label

1664751

registered interest

date

16/10/2023

answering body

Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

Treasury

hansard heading

Individual Savings Accounts: Stocks and Shares

house id

legislature

25277

	pref label	House of Lords

question text

To ask His Majesty's Government what plans, if any, they have to permit fractionated shares to be held in ISAs.

tabling member printed

Lord Hodgson of Astley Abbotts

uin

HL10542

answer

is ministerial correction

date of answer

24/10/2023

answer text

<p>HMRC’s long standing view on interpretation of the current law is that a fraction of a share is not a share for the purposes of the ISA legislation.</p><p>The government is committed to ensuring the ISA the market works for both industry and consumers. We are aware of representations from the industry to allow fractional shares to be included in ISAs going forward, and are considering the issue.</p>

answering member printed

Baroness Penn

question first answered

24/10/2023 11:39:42

answering member

4726

	label	Biography information for Baroness Penn

tabling member

1651

	label	Biography information for Lord Hodgson of Astley Abbotts