Personalized Education Plan
The Personal Equity Plan was a savings programme introduced by the UK government. PEPs are no longer available for purchase and were succeeded by ISAs, 6 April 1999.
Personal Employment Plan. Refer to PEP for definition. See: Refugee Program
Pima Education Plan. A PEP plan is developed between the student and advisor as a roadmap for completing a program of study or to help students select a major. All students should have a PEP. Students should make an appointment with an advisor to develop the plan and to review it frequently.
See Personal Equity Plan
Personal Equity Plan. Tax-efficient scheme for investing in shares , unit trusts, investment trusts, and corporate bonds. Since April 1999, PEPs have been replaced by the Individual Savings Account (ISA), which is a similar tax-free investment account.
This stood for personal equity plan. It was a way of investing in stocks and shares through a Government scheme.
Parents Encouraging Parents
now closed, they were created in 1987. By the time of their abolition, the Inland Revenue had permitted each taxpayer to put £6000 into a General PEP and an additional £3000 per annum in a single company PEP. Apart from investing directly in shares, many people used PEPs to invest in unit trusts and investment trusts. PEPs were also able to invest in corporate bonds, convertibles and preference shares in UK and EU companies.
a tax free method of acquiring unit trusts or shares. Withdrawn from sale in April 1999.
The Personal Equity Plan is a tax shelter and is the forerunner to the ISA. You can't take out a new PEP these days, but you can continue to hold investments within one opened before ISAs took over.
Although no longer available, these contracts allowed limited tax-efficient investments; which may be transferred to various different investment funds.
Personal Equity Plan. A scheme replaced by ISAs whereby investors can invest in certain shares, some investment trusts, unit trusts and corporate bonds. Income received in a PEP is exempt from income tax and any capital gain is exempt from capital gains tax.
Personal Equity Plan. A PEP allows you to invest in the stock market without having to pay tax on any profits made, or income/interest received. Since 5 April 1999 no further subscriptions can be made into a PEP. However, you can transfer existing Peps to another PEP manager.
This stands for Personal Equity Plan. These are a tax efficient savings plans that invest in unit trusts or investment trusts. ISAs replaced PEPs on 6th April 1999 and new PEPs ceased on that date
Personal equity plan. Replaced in 1999 by individual savings accounts, a vehicle for UK individuals to invest a certain sum in equities each year without attracting income tax or capital gains tax.
Personal Equity Plan, Tax free method of acquiring unit trusts or shares.
Personal Equity Plan. A tax incentivised investment scheme. Now closed for new investment but existing plans can remain in existence.
Personal Equity Plan. Started in 1987. Up to April 1999 you were able to put up to £9,000 per year into equity-based investments in one of these and allow it to grow tax-free. They have been replaced by ISAs but existing PEPs can continue to grow in their tax-free state.
Personal Equity Plan. This is a tax free way to own shares or unit trusts. You can also use PEPs as a way to repay an interest only mortgage with some lenders.
Personal Equity Plan A savings plan designed to build up tax-free savings which can be used to repay an "interest-only" mortgage.
PEPs were introduced in January 1987 to encourage saving and investment in the UK . Although it is no longer possible to contribute to existing PEPs, these PEPs continue to be protected from certain income and capital gains taxes.
Personal equity plan. This is a tax-free way to own shares or unit trusts. Depending on the lender, you can use PEPs to repay an interest-only mortgage.
personal equity plan. The precursor to ISAs; a tax-free investment wrapper used by some homeowners as a repayment vehicle for their mortgage.
Personal Equity Plan. Introduced in 1987 by the then Chancellor Nigel Lawson, over 3 million people in the UK invested in a PEP before they were replaced by ISAs in April 1999. Although you can no longer open invest in a new PEP you can still transfer your existing PEPs.
Personal Equity Plan. Savings plans replaced in 1999 by ISAs. Allowed investors to put £9,000 per year into equity-based investments and earn tax-free interest.
Pension Equity Plan. A kind of defined benefit pension plan that bases its retirement on final pay, however the percentage at a certain rate per year based upon the individual''s age and/or service.
Personal Education Plan.
Personal Equity Plan. Investment scheme whereby investors buy shares through a PEP manager; all profits and dividends being tax free.
PEP stands for Personal Equity Plan. ISAs replaced PEPs in April 1999. You can no longer open a PEP, but you might still have one that you opened before April 1999.
Personal Equity Plan. A scheme which allows investment in a number of shares and carries various tax benefits, such as the receipt of dividends without paying tax on the income, and sales where profits are free from capital gains tax. It has not been possible to add cash to a PEP since 1999, although you can deal in existing PEP(s) or transfer them to us.
Personal Equity Plan.A tax efficient investment product enabling private investors to invest in equities and bonds. Peps ceased to be available in April 1999.
Peps were replaced by ISAs in April 1999. They offer the same income and capital gains tax free advantages as ISAs. Existing Pep investments can be transferred but no new money can be added to these investments.
A tax-free investment for individuals that invested directly in Shares or Unit Trusts/OEICs or Investment Trusts. PEPS were free of Income and Capital Gains Tax. PEPs are no longer available and the last PEPs were taken out by investors on the 5 April 1999. All existing PEPs are allowed to continue indefinitely.
Acronym for Personal Equity Plan, a tax free investment plan. Income and capital gains are tax free. Since 6 April 1999, the PEP has been replaced by Individual Savings Accounts.
Personal equity plan. The savings plan allowing tax-efficient investment in stocks and shares, which was replaced by ISAs in 1999. Existing PEPs can continue to run but no further contributions are allowed.
personal equity plan. Now scrapped way for UK individuals to invest a certain sum in equities each year without attracting income tax or capital gains tax. Replaced in 1999 by individual savings accounts (ISAs).
Personal Equity Plan. A repayment vehicle associated with Interest Only mortgages.
Personal Equity Plan. Introduced in 1987 and designed to promote saving by UK investors who are 18 or over. A limited amount could be invested each year. Personal Equity Plans (PEPs) are simple, flexible investment plans which invest in the stockmarket and benefit from special tax advantages. There is no minimum or maximum period for which investments must be held. These plans were replaced by ISAs from April 1999, but existing PEPs can remain in force.
Personal Equity Plan. A tax subsidy to encourage investment in European Union company shares and UK company bonds. An investor may set up a mainstream PEP and invest #6,000 in the PEP each year. Any income or capital gains generated within the PEP is tax free. If the PEP invests directly into shares and bonds, it must invest in shares listed on a European Stock Exchange or in a UK company’s listed bonds. If the PEP invests in unit trusts or investment trusts, those funds must invest at least 50% of their funds in such qualifying securities. In addition to the mainstream PEP, an individual may set up a single company PEP in which he may invest up to #3,000 a year. A single company PEP is only permitted to invest in the shares of one company.
Personal Equity Plan - A tax-efficient savings vehicle investing in stocks and shares and fixed interest investments through a range of Unit Trusts. You can no longer invest more money in a PEP, however you may transfer existing plans from other PEP plan managers into a Prudential PEP.
Personal Equity Plan - a form of tax-free investing, similar to an ISA, which was withdrawn from sale in April 1999.