Motley Fool: Pep Up The ISA, Gordon!
November 28th, 2006 | POSTED BY ROB
In the olden days before the term ‘ISA’ entered public consciousness, there was a different form of tax-free saving. Remember PEPs and TESSAs?
Before ISAs were introduced we were allowed to save up to £9,000 a year in PEPs (Personal Equity Plans) and any profits from stock market increases were free of tax, as was the dividend income. Similar to Share ISAs, in fact….
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