British Isa: Everything you need to know – from when it may arrive to what investments count [Video]

12:14 EST 07 Mar 2024 , updated 13:04 EST 07 Mar 2024

The Chancellor’s announcement that a new British Isa will be rolled out to investors has thrown up many questions. 

Many will be wondering which investments will qualify, when the extra £5,000 British Isa allowance will arrive, and who it will benefit. 

It has also been met with criticism from financial some experts, with one branding it a ‘politically-motivated stunt ahead of upcoming elections, rather than a well-considered strategy aimed at sustainable economic growth’.

But while some in the investment industry are dubious about the Budget’s British Isa announcement, investors are keen to learn more about how they can bag an extra £5,000 tax-free Isa allowance. 

Here is everything we know about the British Isa so far.  

The British Isa is a new type of Isa which will allow savers to …