ETF taxation timelines
Morning All, I have some ETF investment questions I'd like to ask here.
Firstly, with talks, discussions and a tiny baby step in the last budget happening around abolishing deemed disposal (this plan may have changed) do we think any progress will have happened within the next 8 years? How likely are ETF shares bought today to be subject to significant deemed disposal rates in 8 years time?
Secondly, how do amendments to taxation rates align with owned shares and the dates they were purchased? I purchased ETFs in 2024 and the rate has dropped from 41 to 38% since then, will my shares be subject to 38% or the 41% that was in place when they were purchased?
If deemed disposal is reduced over the next few years, will I benefit further with shares purchased in 2024?
Apologies if these are stupid questions.