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new Tesco Bond

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  • grey_gym_sock
    grey_gym_sock Posts: 4,508 Forumite
    yeah, making the tax return easier is a weak argument.

    there are potential tax savings if you become a higher rate payer in the future. there are savings for pensioners who would otherwise lose (part of) the age allowance (though this is apparently going to be phased out now). there is the capital gains tax exemption, though the annual allowance (10.6k) wipes out most people's liability anyway.

    there are some ISA wrappers (not just for funds) with no extra charge - good summary here: https://forums.moneysavingexpert.com/discussion/3153942

    ... or ignore S&S ISAs, and buy the investments you want unwrapped. don't let the tax wrapper tail wag the investment dog!
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