Tag Archives: NISA

Speculation Mounts On Budget P2P NISA Inclusion

There’s a huge amount of speculation across the media today about the contents of George Osborne’s Budget. This, from the Telegraph, is typical: “This year’s Budget is unlikely to be as radical as it was last year, but here are some likely changes: The Chancellor announced in last year’s Budget that peer-to-peer (P2P) lending – […]

New P2P Loan NISAs May Have Lower Limit

Money&Co. and other peer-to-peer (P2P) crowdfunding platforms have long been lobbying the UK government for a separate, third category of tax-free savings plan for individuals. We have been arguing, along with others in our sub-sector of crowdfunding, that in addition to the existing cash and stocks-and-shares versions of the New Individual Savings Account (NISA), which […]

P2P Loans Will Come To The Rescue Of Older Investors

Money&Co. and the peer-to-peer (P2P) business lending sector in general are set to play a major role in providing income for older investors – retired or otherwise – according to Money&Co. CEO Nicola Horlick. “The forthcoming change to pension regulation, when from April onwards individuals over 55 can gain access to their pension funds without […]

Walking The Walk – Crowd To Get P2P NISAs, Eventually

As we head for 2015, the direction of travel for crowdfunding is clear. No-one can fault the government for a lack of enthusiasm for what we do at Money&Co. – we operate in the peer-to-peer (P2P) business lending sub-sector of crowdfunding. This autumn, David Gauke, financial secretary to the Treasury, was quoted in the Financial […]

Money&Co.: High-Income, Tax-Free P2P Savings Ahead – But Banks Are “Atrophied” (FT)

The remarkable march of Money&Co.’s peer-to-peer (P2P) business lending sector continues. The message is simple: we bring people together with business to provide excellent returns for lenders and much-needed capital for borrowing companies. And that message is spreading fast. Yesterday, we wrote about the possibility of Money&Co.’s producing a tax-free offering that would yield around […]

Tax-Free 7% Income: Government Must Act On P2P NISAs

Imagine this. It’s not a pie-in-the-sky dream, but a realistic possibility: a tax-free income product with a yield of over 7 per cent. That’s the kind of offering we hope to be able to make if the UK government acts on its avowed intention to include loans like Money&Co.’s (peer-to-peer [P2P] business loans) in New […]

Osborne To Announce P2P Loan Inclusion In Budget?

Crowdfunding finds itself at a critical juncture in this pre-Christmas rush. The industry is growing at a phenomenal rate (see later in this article) – but is the government really doing its best to spread the good word amongst “ordinary” people? The simple fact is that peer-to-peer lending, otherwise known as bringing people together with […]

NISAs To Include P2P Loans After Election – Treasure Hunt Winners Latest

Disappointing news descends from the nebulous, opaque world of Westminster. At Money&Co. we have taken part in the consultation process regarding peer-to-peer (P2P) loans and New Independent Savings Accounts (NISas). We have argued hard for the early inclusion of P2P loans in NISAs. The latest news, as reported by Judith Evans in the Financial Times […]

The Pension Quandry – What To Do With Your Capital?

Pension planning is a massive issue for our ageing UK population. So the question of which options we should all consider for our retirement is clearly a very important one. My personal opinion is that the UK government should allow peer-to-peer business loans (P2P or P2B assets – as you prefer) to be held with […]