Labour manifesto - Key takeaways for your money and investments.
17/06/24
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Key Topics:
Labour's tax pledges: No tax rises for working people, but frozen thresholds mean higher tax bills. Pensioners protected by triple lock. Some taxes increased for non doms, offshore trusts, private equity and private schools.
Pension schemes and UK stock market: Labour wants to encourage pension schemes to invest more in the UK, which could boost the British stock market. No changes to lifetime allowance or dividend or capital gains tax allowance.
ISA allowance: A key opportunity to shelter savings and investments from tax. No mention of changes to capital gains tax in the future.
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