Individual Savings Account definition

Individual Savings Account or “ISA” means an individual savings account within the meaning of the Individual Savings Account 1999
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Individual Savings Account means an account which is a scheme of investment satisfying the conditions prescribed in the Individual Savings Account Regulations 1998 (S.I. 998/1870);
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Individual Savings Account means an account of investment deposits made under regulation 29L below;”.
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Examples of Individual Savings Account in a sentence

  • Shareholders who hold Shares in an Individual Savings Account (“ISA”) will be exempt from income tax on dividend distributions in respect of such Shares.

  • In this capacity they will administer an ISA in accordance with the Individual Savings Account Regulations 1998 (“the Regulations”), or as subsequently amended.

  • The Fund is an authorised unit trust scheme under Section 237 of the Financial Services and Markets Act 2000 and is a UCITS scheme as defined in the COLL rules.The Fund is a qualifying fund for inclusion within a stocks and shares Individual Savings Account (ISA).

  • UAn Individual Savings Account (ISA) enables you to save in a simple, tax-efficient way, while generally giving you instant access to your money.

  • Every tax year, commencing on 6 April, you receive new Individual Savings Account (ISA) and pension allowances.

  • Dividend distributions received by pension funds that are exempt from tax and dividend distributions received on shares held in an Individual Savings Account (ISA) are not subject to United Kingdom tax.

  • However please note that VT only controls a stocks and shares ISA.For further details of the ISA investment limits please refer to the Individual Savings Account Frequently Asked Questions page of the HMRC website ( www.gov.uk/government/organisations/hm-revenue- customs).

  • YOURS.Each tax year, we are given an annual Individual Savings Account (ISA) allowance.

  • The ‘regulations’ referred to are the Individual Savings Account Regulations 1998 (as amended or re-enacted).

  • Individual Savings Accounts The Bonds will be qualifying investments for the stocks and shares component of an account (an “ISA”) under the Individual Savings Account Regulations 1998 (the “ISA Regulations”) provided that: (i) at the time the Bonds are first held in the account, the Bonds are; and (ii) the Bonds remain, listed on the official list of a recognised stock exchange within the meaning of section 1005 of the Income Tax Act 2007.


More Definitions of Individual Savings Account

Individual Savings Account or “ISA” means an Individual Savings Account as governed by the ISA Regulations. Please note, we do not manage cash ISAs nor offer innovative finance ISAs and so references in this Agreement to your ISA means a stocks and shares ISA.
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Individual Savings Account means an account issued to you by the ISA Manager governed by the Individual Savings Account Regulations l998 (Statutory Instrument l998 No l870) as from time to time amended and in force.
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Individual Savings Account means an account of investment deposits made under regulation 25;
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Related to Individual Savings Account

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Plan Account means the account established for each Participant pursuant to Section 8(a).

  • Earnings Account means, in relation to a Ship, an account in the name of the Owner owning that Ship with the Agent in Hamburg designated “[name of relevant Owner]—Earnings Account” or any other account (with that or another office of the Agent) which replaces such account and is designated by the Agent as that Earnings Account for the purposes of this Agreement and, in the plural, means all of them;

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.