Spring Budget 2024:  New British ISA to launch with extra £5k allowance for UK assets

Jeremy Hunt is aiming to invigorate UK public markets with an additional £5,000 ISA allowance. Jeremy Hunt has introduced a new British ISA in his Spring Budget, which will allow an additional £5,000 ISA allowance for investment in ‘promising UK businesses’. The new ISA allowance will sit alongside the £20,000 that can be invested across other ISA wrappers currently available. …

Retirement ProfessionalsSpring Budget 2024:  New British ISA to launch with extra £5k allowance for UK assets

Spring Budget 2024: Government cuts National Insurance by further 2p

The latest reduction follows a cut from 12% to 10% announced at the Autumn Statement last year. Chancellor Jeremy Hunt has announced a 2 percentage point cut to the the main rate for employee National Insurance from 10% to 8%. The move to take another 2p off the Class 1 rate, expected to cost the government around £10 billion, doubles …

Retirement ProfessionalsSpring Budget 2024: Government cuts National Insurance by further 2p