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- FCA Consults on Fund Product Information and Cost Disclosure CP24/30 – ShareSoc Responds
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Proposals on Limiting ISAs
Post Date: January 24, 2023
The views expressed in this article are those of its author and not necessarily those of ShareSoc.
The Resolution Foundation has released a report looking at “the Government’s policies to encourage household saving”, it particularly focuses on ISAs and notes that capping ISAs could raise £1bn in tax for the Treasury.
https://www.resolutionfoundation.org/publications/isa-isa-baby/
The report proposes a cap on ISAs of £100k but is unclear if that’s a cap on total contributions or a cap on the total value of an ISA. At one point ...
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