Comments on: Trouble Brewing On The Tax Front For Investors https://www.itinvestor.co.uk/2019/12/trouble-brewing-on-the-tax-front/ Exploring the world of investment trusts Fri, 13 Dec 2019 12:46:58 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: ITinvestor https://www.itinvestor.co.uk/2019/12/trouble-brewing-on-the-tax-front/#comment-1211 Fri, 13 Dec 2019 12:46:58 +0000 https://www.itinvestor.co.uk/?p=3144#comment-1211 In reply to Getting Minted.

As you were I guess after the election result.

It looks like the next Budget will be in early February but the Pension Reform bill could arrive before then, hopefully sorting out the mess surrounding the tapering of allowances.

I’d be surprised if the dividend or ISA allowance see any significant changes in the Budget.

]]> By: Getting Minted https://www.itinvestor.co.uk/2019/12/trouble-brewing-on-the-tax-front/#comment-1189 Thu, 05 Dec 2019 22:44:22 +0000 https://www.itinvestor.co.uk/?p=3144#comment-1189 I think we have to consider the potential impact of the economic policies of a Labour or coalition government on our investments. I’ve shifted my portfolio more towards global and Asia Pacific equities and reduced my UK holdings although they are still about 50%.
We also have to consider the tax impact. I will probably raise more cash and incur some capital gains tax at current rates before 12th December. I will also prepare plans to do more after 12th December.

]]> By: Kev Wolfenden https://www.itinvestor.co.uk/2019/12/trouble-brewing-on-the-tax-front/#comment-1175 Tue, 03 Dec 2019 14:18:21 +0000 https://www.itinvestor.co.uk/?p=3144#comment-1175 I’d expect a future Labour government to cap the total value of an individuals ISA savings (£250K ? or £100K ?!?), although maybe difficult to police if you use several platforms, but would appeal to their supporters if they sell the idea as a swipe at ISA millionaires. Chopping the annual ISA subscription limit would be easy to implement.

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