Half of people are attracted to a British Isa and one in five are definitely keen to take up the opportunity, new research reveals.
But the snap poll reveals a quarter of people will not consider using the new Isa, which was announced in the Budget earlier this month but is not likely to be launched for another year.
The British Isa will offer the chance to invest £5,000 a year tax free in UK assets, on top of the existing allowance to put £20,000 in cash or shares – home or overseas – in each tax year.
British Isa: Earliest likely launch date is thought to be April 2025.
People who already have an Isa are most interested at 57 per cent overall, but that rises to 63 per cent among those with a stocks and shares Isa, according to the survey by research firm Opinium.
Among those shunning the British Isa, 26 per cent lacked the money, 22 per cent were not interested in investing in UK assets, and 21 per cent didn’t know enough…
