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Bowmore: £41.2bn of investment tax breaks up for grabs for end of tax year - Wealth DFM

Summary by Wealth DFM
Tax incentives for UK savings and investments are projected to jump to £41.2 billion in the 2024-25 tax year, a 7% increase on the £38.7bn in tax breaks for saving and investments in 2023-24, shows new research by Bowmore Financial Planning. The jump in investment tax breaks has been driven predominately by higher tax breaks available through ISAs. This will rise 22% from £7.7bn in 2023-24, to £9.4bn in 2024-25.* Bowmore says the recent reductio…
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Bowmore: £41.2bn of investment tax breaks up for grabs for end of tax year - Wealth DFM

Tax incentives for UK savings and investments are projected to jump to £41.2 billion in the 2024-25 tax year, a 7% increase on the £38.7bn in tax breaks for saving and investments in 2023-24, shows new research by Bowmore Financial Planning. The jump in investment tax breaks has been driven predominately by higher tax breaks available through ISAs. This will rise 22% from £7.7bn in 2023-24, to £9.4bn in 2024-25.* Bowmore says the recent reductio…

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Wealth DFM broke the news in on Saturday, March 29, 2025.
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