What will the UK election mean for your money?
Money Clinic with Claer Barrett
Financial Decisions and Strategies Ahead of the UK Election
This chapter delves into the financial decisions individuals are making in anticipation of the UK election, including contributing more to pensions, increasing ISAs, and taking pensions early. It discusses the impact of potential capital gains tax changes post-election and explores strategies like prepaying private school fees and selling investments to avoid higher taxes. The chapter also touches on the challenges facing the UK government in balancing investment in public services with tax policies, and the optimism surrounding potential economic growth under a new government.
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