The end of tax free savings.

Описание: Mainstream media is reporting that the Chancellor of the UK is considering scrapping the major benefits of ISA's and limiting people to 100k total allowance. Today I want to look at the report these headlines come from so we can get to the bottom of what is going on.

Full report here: https://www.resolutionfoundation.org/...

Brokers I use:

Trading 212
Get free fractional shares worth up to £100 with Trading 212 through this link:
https://www.trading212.com/join/DAMIEN. Terms apply.
This is an affiliate link, I may earn a commission.
If you do not get your free share after depositing £1, use promo code DAMIEN. You will find it in the section with the three lines in the bottom right corner of the app.
Capital at risk when investing.

InvestEngine
https://investengine.pxf.io/eKR40z
Get a £25 bonus when you invest at least £100

Vanguard:
https://www.vanguardinvestor.co.uk/
This is not an affiliate link

I hold funds with all these brokers and believe they offer both affordable investing and great value for money, I only include brokers in my description that provide ISA’s and are authorised and regulated by the FCA so are covered by the FSCS.

When investing, your capital is at risk and you may get back less than invested. Past performance doesn’t guarantee future results.

Some of the above links are affiliate schemes so that means you get something for signing up and so do i. In all examples I have stated if they are an Affiliate or not.