Tag: ISA 2024
Last minute stampede for ISAs before the Budget – more than 3,000 sitting on £1 million
The rush has been partially caused because Rachel Reeves has previously called for a limit on tax-free ISAs sparking fears of a budget raid …
Fears of £20,000 change for ISAs as Rachel Reeves is warned against making tax grab
Finance experts are concerned that the Chancellor could bring down the annual cap on how much people can save in Individual Savings Accounts …
Labour drops plans for ‘gimmick’ British ISA which would have offered tax perks
The scheme, which was drawn up by her Conservative predecessor Jeremy Hunt, would have given British savers tax perks for supporting British businesses. …
HMRC announces major shake-up in the treatment of tax-free ISAs
The move is expected to encourage investment in shares, particularly among young adults, who are keen to buy a stake in high performing tech companies …
How to make your child a millionaire by taking advantage of tax perks
Experts say utilising tax-free investments from birth including Individual Savings Accounts and SERPS give the chance to make massive savings …