Wealth taxes and a British ISA consultation: what the election could do for investors

Date:

  • Over the weekend, attention turned to investment and wealth – and the potential for new wealth taxes.
  • 11% of people say they’d be more likely to vote for a party that pledged to cut tax on investments.
  • Overall, 31% of investors think a Conservative government would be better for their investments, while 27% think Labour would. 23% don’t know.
  • Meanwhile, the consultation on the British ISA will close on Thursday UK ISA consultation – GOV.UK (www.gov.uk). Both Labour and the Conservatives have said they are committed to it.
  • We want to see any changes to the ISA regime to be designed to simplify it, and ensure it encourages behaviours that are positive for investors.
  • Quite aside from this consultation, there are some key policies that could deliver real benefits for investors.

All figures from an Opinium survey of 2,000 people, April 2024

Susannah Streeter, head…

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