
Originally Posted by
KerrAvon
So you say it's only a possibility and then get cross about it again.... Isn't that a bit of a waste of nervous energy?
I agree that an ISA limit of 20, 000 p.a. is not a super rich thing, but it's beyond the reach of many people as is the 4,000 p.a. limit that us being talked about for cash ISAs.
The move wouldn't generate any additional government revenue if investors invested their 'extra' 16k in stocks and shares ISAs after putting 4k in a cash ISA. The idea isn't about government revenue- its about putting the money to work by investing in businesses.