Policy paper
Individual Savings Account and Child Trust Funds (Amendment) Regulations 2025
This tax information and impact note is about the changes introduced by the Individual Savings Account and Child Trust Funds (Amendment) Regulations 2025.
Documents
Details
This measure:
- allows recognised funds in the Temporary Marketing Permissions Regime (TMPR) to remain as Individual Savings Accounts (ISA) or Child Trust Funds (CTF) qualifying investments on 1 January 2027
- considers Long Term Asset Funds (LTAFs) to be included within the qualifying investment types for Innovative Finance ISAs
- requires ISA managers to obtain a National Insurance number from all investors who are eligible to have one
- updates the rules relating to withdrawals of a current year ISA subscription from a flexible account
Elements relating to:
- National Insurance numbers will take effect from 6 April 2027
- recognised funds, LTAFs and flexible ISAs will take effect from 15 July 2025
Updates to this page
Published 24 June 2025
Last updated 26 June 2025
show all updates
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The elements of the regulations relating to Child Trust Funds, recognised funds, Long Term Asset Funds and flexible ISAs will have effect from 15 July 2025.
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First published.