Individual savings accounts (ISAs) and multilateral institutions

The Government is introducing a measure to extend the list of investments that can qualify for the ISA regime to include bonds which are issued by multilateral institutions (as defined by the Organisation for Economic Co-operation and Development).

Government consultation

Adding to the array of consultations and reviews underway, the Government announced that there is to be review of the North Sea Oil regime to try to encourage development of marginal fields There were also several consultations announced around HMRC powers, including one aimed at easing the strain for small entities finding it hard to pay all their tax liabilities via the Business Support Service.