What is the Additional Permitted Subscription (APS)?
Anyone who was married or in a civil partnership with someone who died on or after 3 December 2014 can now apply for an additional ISA allowance, known as the Additional Permitted Subscription (APS).
The APS is equal to the value of the ISA held by the deceased on the date of death. For example, if your spouse died on or after 3 December 2014 with an ISA valued at £50,000, this would be your APS. Where an investor held ISAs with several companies, a separate APS will be available for each.