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should i lose my isa status for good

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  • Eco_Miser
    Eco_Miser Posts: 4,861 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    grandst wrote: »
    Taxes on saving have fallen over the years from a peak of 50% for basic rate taxpayers and 98% for high rate taxpayers, there's no guarantee we wont be heading back the other way. I would be very reluctant to remove any savings from tax free ISA's.
    And there's no guarantee that ISAs will retain their tax-free status if the Chancellor decides to raise the tax take from savers.

    Meanwhile I will shelter my investments in an ISA, and rely on allowances for my savings interest.
    Eco Miser
    Saving money for well over half a century
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