What’s been described as the UK’s first “green energy” Isa is set to go on sale this weekend, and has received an endorsement of sorts from a senior government minister. It is the result of a link-up between ethical investment platform Abundance and Swindon borough council, and will allow the public to invest directly in renewable energy projects, tax free. Those behind the scheme are holding out the prospect of a 6% return. This type of investment has been made possible following the government’s 2014 decision to create an “innovative finance Isa”. This went live in April and means interest and gains from peer-to-peer loans can, in theory, be earned free of tax.
Guardian 5th Nov 2016 read more »