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Personal Equity Plans (PEPs)

PEPs were closed for business in April 1999, and you cannot now put any more money into a plan. However, investments already within PEPs continue to benefit from the tax shelter (although share dividends are now taxed at 10%). You are still able to switch investments and transfer PEPs from one PEP manager to another, under the normal PEP rules. However, you may not transfer PEP investments into ISAs.

 

 

 

12 April, 2008
 
© 2008 K.R.Wade and Co Ltd