Policy paper

Individual Savings Account and Child Trust Funds (Amendment) Regulations 2025

This tax information and impact note is about the changes introduced by the Individual Savings Account and Child Trust Funds (Amendment) Regulations 2025.

From:
HM Revenue & Customs
Published
24 June 2025

Documents

Individual Savings Account and Child Trust Funds 鈥� (Amendment) Regulations 2025

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Details

This measure:

  • allows recognised funds in the Temporary Marketing Permissions Regime (TMPR) to remain as Individual Savings Accounts (ISA) or Child Trust Funds (CTF) qualifying investments on 1 January 2027
  • considers Long Term Asset Funds (LTAFs) to be included within the qualifying investment types for Innovative Finance ISAs
  • requires ISA managers to obtain a National Insurance number from all investors who are eligible to have one
  • updates the rules relating to withdrawals of a current year ISA subscription from a flexible account

Elements relating to:

  • National Insurance numbers will take effect from 6 April 2027
  • recognised funds, LTAFs and flexible ISAs will take effect from 2 July 2025

Updates to this page

Published 24 June 2025

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