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Newsroom
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Discover which funds HL Stocks and Shares ISA investors have bought so far in 2023.
This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.
Published on 22 December 2023
It was correct at the time of publishing. Our views and any references to tax, investment and pension rules may have changed since then.
2023 has once again confirmed the importance of the whole ISA family for savers and investors.
Interest rate rises dominated headlines. They brought with them a sense of optimism and renewed focus on Cash ISAs. And we saw the startling impact of tax changes underlining why Stocks and Shares ISAs remain a core part of an investor’s portfolio.
At the start, we faced arguably the most important tax year end in a generation.
The government halved the amount of dividends you can earn before paying tax from 6 April. And at the same time, it slashed your capital gains allowance back to pre-millennium levels.
Then in June, HMRC showed that in the 2021/22 tax year:
And finally, in November’s autumn statement, Jeremy Hunt confirmed ISAs are set for change ahead of their 25th birthday next year.
This will include the flexibility to pay into the same type of ISAs with different providers.
Read more on hl.co.uk