ISA Inheritance Allowance

ISA Inheritance Allowance

From 6th April 2015 the spouse or civil partner of anyone who died from 3rd December 2014 onwards and held an ISA at the time of death, may apply to have the allowance added to their own ISA. This is called ‘Additional Permitted Subscription’ which is referred to as APS.

Please note, this is not inheriting the actual money in the ISA. That follows the normal estate process. It is inheriting an allowance that equals the balance (including all interest) on the date of death.

To apply please print, complete and return this form to:

NatWest
Retail Processing Operations
Chatham Waterside Court
Chatham Maritime
Chatham
ME4 4RT

We will check the information provided and write to you within 30 days with your exact entitlement along with details of how to fund your own cash ISA.  Please do not fund yourself outside of this process as it will result in your normal annual ISA allowance being used rather than your APS allowance.

For further information on we how can help during the difficult period following the death of a loved one please click here for our Bereavement Service

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