Individual Savings Accounts: Stocks and Shares
(asked on 16th October 2023) - View Source
Question to the HM Treasury:
To ask His Majesty's Government what plans, if any, they have to permit fractionated shares to be held in ISAs.
This question was answered on 24th October 2023
HMRC’s long standing view on interpretation of the current law is that a fraction of a share is not a share for the purposes of the ISA legislation.
The government is committed to ensuring the ISA the market works for both industry and consumers. We are aware of representations from the industry to allow fractional shares to be included in ISAs going forward, and are considering the issue.