The most popular Stocks and Shares ISA funds so far this tax year

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Tax, investments and pension rules can change over time so the information below may not be current. This article was correct at the time of publishing, however, it may no longer reflect our views on this topic.

Find out which funds are most popular with our Stocks and Shares ISA clients so far in this 2023/24 tax year.

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.

6 October 2023

Rumours suggest Jeremy Hunt could reform ISAs in the upcoming autumn statement, one option being to increase the Stocks and Shares ISA allowance.

More than one in four Stocks and Shares ISAs were opened with the full £20,000 ISA allowance in the 2020/21 tax year (the last tax year for which figures are available). So, this would be positive news for some investors.

ISAs have always been one of the most tax-efficient ways to invest. And following changes to dividend allowances and capital gains tax (CGT) at the start of this tax year, they’re arguably more important today than any time in recent history.

On 6 April 2023, the annual CGT allowance was cut from £12,300 to £6,000. This will lead to us collectively paying £17.8 billion in CGT in the 2023/24 tax year, equivalent to