RE: Middle East26 Oct 2024 12:21
I think the biggest worry for us investors will be the budget next week
The current tax free dividend allowance of £500 tax-free currently - that could be scrapped SAs
Also a few tears back Rachel reeves called for a £500,000 lifetime allowance on how much can be held tax-free in ISAs, but rumour has it she now feels that the figure could be even lower at £100,000.
Ms Reeves has also hinted that the annual £15,000 ceiling on contributions is too high, as only the wealthier benefit.