ISA qualifying investments: including peer-to-peer loans

The P2P industry has shown impressive growth over the last couple of years and provides a different model to matching investors and borrowers compared to the traditional banking model. To continue its growth it is important that investors are able to access P2P investments in similar ways to “traditional” asset classes, and in particular that they are supported in the same tax “wrappers” that investors are used to. We therefore welcome the Treasury proposals to include P2P loans within the ISA framework.