who is the first ISA
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Answer:
6 April 1999
ISAs were introduced on 6 April 1999, replacing the earlier personal equity plans (PEPs; very similar to a Stocks and Shares ISA) and Tax-Exempt Special Savings Accounts (TESSAs; very similar to a Cash ISA).
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Back in 1999, then Chancellor Gordon Brown announced the introduction of the ISA. While they have since become an integral way to save, they were not welcomed when first introduced......
You can contribute up to £9,000 per child this tax year and the allowance will increase with inflation each year. A tax year runs from 6 April one year to 5 April the next......
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