AJ Bell proposes UK government to merge ISAs into a single "One ISA" product, increase ISA allowance to £25k, and provide tax breaks for UK stocks.
AJ Bell, an investment platform, proposes UK government to merge different types of ISAs into a single "One ISA" product. The move could simplify the process, improve efficiency and unlock £30bn held in Cash ISAs. AJ Bell also suggests increasing the overall ISA allowance from £20k to £25k and providing tax breaks for UK stocks to stimulate the UK stock market.
July 15, 2024
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