Autumn Statement 2013: what to expect

As usual there has been plenty of speculation about the measures the Chancellor will announce. Here are eight predictions from the experts at accountancy firm, Baker Tilly. Cap on Individual Savings Accounts (ISAs) A cap may be introduced to limit lifetime ISA investment. A figure of £100,000 has been suggested by Whitehall officials but we consider this to be too low as it would exceed the amount already invested by serial ISA investors. Any cap would affect individuals wishing to use a tax favoured savings vehicle to make substantial savings over a long period. A cap of £100,00...