New tax rules and the now insurmountable case for an ISA

Huge spike in ISA use expected this in the next year

clock • 3 min read

There has never been a better case for opening an ISA and shuffling non-ISA savings and investments into it, writes Laura Suter

It's arrived - the biggest increase in tax on our investments in a very long time. The move to slash the dividend tax free allowance at the same time as chopping the capital gains tax allowance in half will have a dramatic impact on investor portfolios - and their tax bills. The phrase ‘Bed and ISA' had never been bandied around so much in a tax year end as in the run up to 5 April this year. On the AJ Bell platform we saw a huge surge in the number of people locking in their capital gains and shifting that money into their ISA. Our Bed and ISA transactions increased by 387% year-o...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

IHT/pensions shake-up threatens SME commercial property owners

IHT/pensions shake-up threatens SME commercial property owners

Evelyn Partners warns thousands of businesses are at greater risk

Jenna Brown
clock 07 July 2025 • 4 min read
Business property relief changes: What advisers need to know

Business property relief changes: What advisers need to know

'The first thing every business owner should do is review their current BPR position'

Stephen Kenny
clock 07 July 2025 • 5 min read
How to gift money while we wait for clarity on pensions and IHT

How to gift money while we wait for clarity on pensions and IHT

'One thing advisers can do is remind customers the benefits of gifting'

Laura Suter
clock 02 July 2025 • 3 min read