Thematic: The end for Isas?

Conservative think tank the Bow Group is calling for the abolition of Isas and Peps, balancing this ...

Conservative think tank the Bow Group is calling for the abolition of Isas and Peps, balancing this with removing capital gains tax and stamp duty from share disposals. With shadow chancellor George Osborn advocating scrapping stamp duty last week, the group’s report signals the direction of centre-right thinking, proposing widespread simplification of the tax system. Author and chartered tax adviser Mark Wadsworth suggests 10 steps to this end, including a single 38% tax band across business and individuals and increasing the personal income tax allowance from £5,000 to £11,000. Employer...