Taxing times: P2P’s perspective on HMRC guidance

July 11, 2017 | Anna Brunetti

TAX IS a fragmented issue in the peer-to-peer space. It is investors’ own responsibility to declare earnings with HMRC – which could appear as a fairly common scenario within the financial sector.

However, the vast diversity of P2P business models, … Read More

Zopa launches IFISA with charge-free July offer

June 16, 2017 | Anna Brunetti

ZOPA officially unveiled its Innovative Finance ISA on Thursday, which is initially available solely to existing investors to head off a lender-borrower imbalance.

The UK’s oldest peer-to-peer platform is soft-launching its new tax-free-wrapper, which marks the debut foray of a ‘big … Read More

Proplend plans IFISA extension but warns of bank-like inefficiencies

June 15, 2017 | Anna Brunetti

PROPLEND is planning to extend its recently-launched Innovative Finance ISA (IFISA) to more investors after successfully bringing pre-registered clients on board.

The commercial property peer-to-peer platform is looking to make a decision at the end of the month, as demand … Read More

IFISAs: Full steam ahead!

April 4, 2017 | Suzie Neuwirth

PLATFORMS offering the Innovative Finance ISA (IFISA) have seen a spike in inflows in recent months, as retail investors clamour to make the most of tax-free earnings before the end of the financial year.

Crowd2Fund has seen 50 per cent … Read More

LendingCrowd days away from IFISA launch

February 9, 2017 | Suzie Neuwirth

LENDINGCROWD has announced that it is planning to launch its Innovative Finance ISA (IFISA) on Tuesday.

The Edinburgh-based peer-to-peer lender received full Financial Conduct Authority authorisation in November and gained ISA manager status from HMRC in mid-January.

The LendingCrowd … Read More

Crowdstacker’s IFISA lures in new investors

October 20, 2016 | Staff

90 PER CENT of Crowdstacker’s Innovative Finance ISA (IFISA) investors had not invested with the platform before, affirming predictions that the tax-free product would open up the industry to a wider range of retail investors.

And a fifth of its IFISA … Read More