Special Investment Policies
20/01/1998
Query
Whether an investor can invest more than £75,000 in one SIP if amounts are held under different account numbers and no amount in one account exceeds £75,000
Decision
An investor cannot invest more than £75,000 in one SIP. The legislation provides that the aggregate of payments made under the scheme shall not exceed £75,000,
Income Tax
Section 737, Taxes Consolidation Act, 1997
Origin: RLS Division
File ref:GD93011B