Same old moaning. Remove the cash ISA benefit and many people will not move it all into an S&S UK only ISA, they'll take the tax hit or buy gilts, premium bonds, a nice holiday etc. There may be an argument for having a cap on total ISA funds - cash and S&S rather than reducing/removing the yearly allowance.
I keep banging on about it, The UK would be invested in more if it was actually attractive to invest in more, not by forcing individuals or large pension funds!
Tony Wells
npub1k8…vft8x
2025-05-04 18:37:48 UTC
in reply to nevent1q…0zal
Author Public Key
npub1k8ape2ml2men9vgwvt50eqwz37pl8j8texu687uyhh32tx4sgrxscvft8xSeen on
wss://relay.momostr.pinkPublished at
2025-05-04 18:37:48 UTCEvent JSON
{
"id": "0aabe00c80353976be6c495cbc0bc656b509eb235e143163b60572cf57e9037e",
"pubkey": "b1fa1cab7f56f332b10e62e8fc81c28f83f3c8ebc9b9a3fb84bde2a59ab040cd",
"created_at": 1746383868,
"kind": 1,
"tags": [
[
"e",
"d99f537d3d6ebfe0c63ae156033ce8f2feb237d227fe61967093f17aa11f6ec6",
"",
"root",
"505c52e214eea5a1d344ea4cb8d2923de27bddda4de2277277914bb8a1919a5b"
],
[
"p",
"505c52e214eea5a1d344ea4cb8d2923de27bddda4de2277277914bb8a1919a5b"
],
[
"proxy",
"https://mastodon.social/@TonyJWells/114451013178828665",
"web"
],
[
"proxy",
"https://mastodon.social/users/TonyJWells/statuses/114451013178828665",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://mastodon.social/users/TonyJWells/statuses/114451013178828665",
"pink.momostr"
],
[
"-"
]
],
"content": "Same old moaning. Remove the cash ISA benefit and many people will not move it all into an S\u0026S UK only ISA, they'll take the tax hit or buy gilts, premium bonds, a nice holiday etc. There may be an argument for having a cap on total ISA funds - cash and S\u0026S rather than reducing/removing the yearly allowance. \nI keep banging on about it, The UK would be invested in more if it was actually attractive to invest in more, not by forcing individuals or large pension funds!",
"sig": "837d2bc93bbdd58d94df54367dad71d3d6038198d789717c11b7838056200c788e1e4ee985d59d9e4a113d6be2acacdb205561bbcca85d449e40697d19fef048"
}