Reverse the new 22% tax on cash interest on Stocks & Share’s ISA’s — 21 signatures. Status: rejected.
ISA’s should remain tax free.
This week for the first time a tax was introduced on S&S ISA'S. They were created to help the average UK person to build up savings and for nearly 30 years this has been the case.In a time where more people should be encouraged to invest to build up savings, many people will now be discouraged from investing by this change. The people using the S&S ISA are not your multimillion investors but 9-5 workers who are just trying to build some safety net savings through investments.
View this petition on the official UK Parliament website