Additional Permitted Subscription definition
Examples of Additional Permitted Subscription in a sentence
The Additional Permitted Subscription is equal to the higher of the value of your ISA at the date of your death, or the value of your ISA on the date it stops being a continuing ISA (see section 13.1).
Once we receive the Grant of Probate for your estate, we will, as instructed, either; sell all holdings; transfer the holdings; or use the account towards an Additional Permitted Subscription (APS) transfer, if applicable.
Once we receive the Grant of Probate for your estate, we will, as instructed, either: sell all holdings; transfer the holdings; or use the portfolio towards an Additional Permitted Subscription (APS) transfer, if applicable.
Once we receive the Grant of Probate we will, as instructed, either: sell all holdings; transfer the holdings; or use the account towards an Additional Permitted Subscription (APS) transfer, if applicable.
This allowance is known as an Additional Permitted Subscription (APS) or inherited ISA allowance.