Crowd funding ISA | P2P Independent Forum

bigfoot12
Member of DD Central

Posts: 1,817
Likes: 816

Crowd funding ISA Mar 18, 2015 19:55:41 GMT

Quote

Post by bigfoot12 on Mar 18, 2015 19:55:41 GMT

pikestaff quotes the budget in his post p2pindependentforum.com/post/42333 which suggests that the ISA will be expanded to include crowd funded equities.

This might be good for House Crowd, but I'd imagine most other crowd funded issues are (S)EIS which is probably better for most investors. Any thoughts?

Goncalo | SyndicateRoom
Representative of SyndicateRoom

CEO of SyndicateRoom

Posts: 16

Likes: 2

Crowd funding ISA Apr 25, 2015 9:09:39 GMT

Quote

Post by Goncalo | SyndicateRoom on Apr 25, 2015 9:09:39 GMT

The first ISA equity crowdfunding deal is already live on SyndicateRoom - www.syndicateroom.com/Sandal

For those investors that can invest under SEIS/EIS are probably better off using such tax reliefs (although it will all depend on individual circumstances) than their ISA. The innovation behind allowing equity crowdfunding investments using ISA is just the beginning of another step towards giving more options to online investors.

Goncalo de Vasconcelos
CEO and Co-Founder
SyndicateRoom - "because the crowd deserves better"

pikestaff
Member of DD Central

Posts: 2,187

Likes: 1,546

Crowd funding ISA Jul 8, 2015 16:50:23 GMT

Quote

Post by pikestaff on Jul 8, 2015 16:50:23 GMT

New consultation announced today on whether to include crowdfunding (equity and/or debt securities) in ISAs:
www.gov.uk/government/consultations/isa-qualifying-investments-consultation-on-whether-to-include-investment-based-crowdfunding/isa-qualifying-investments-consultation-on-whether-to-include-investment-based-crowdfunding

I've not read it yet. Of limited interest to me as this is not an asset class I am likely to invest in by this route. Keener on tax-advantaged direct investment.