HMRC Wants To Tax Your ISA

HMRC believes fractional shares should not be inside ISAs. They have stated this to brokers, and now some of the UK’s biggest investment platforms are asking their users to fight this decision, which would be very damaging to millions of portfolios. The brokers I use: InvestEngine Get a Welcome Bonus of up to £50 when you invest at least £100 with InvestEngine Trading 212 If you do not get your free share after depositing £1. Use promo code DAMIEN, you will find it in the section with the three lines in the bottom right corner of the app. Vanguard This is not an affiliate link Links from the video: The original story The freetrade post The 1998 legislation Timestamps: 00:00 - Concern 00:36 - What’s going on? 01:21 - The regulations 02:39 - The ESMA 03:55 - Comments from trading 212 05:08 - Comments from HMRC 06:40 - The worst case 07:39 - Who owes the tax? 08:48 - will this happen? DISCLAIMER: Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you. DISCLAIMER: I am not a financial advisor and none of the content on this channel is financial advice. All information is provided for educational/entertainment purposes. If you are making investment or other financial decisions and require advice, please consult a suitably qualified licensed professional.