In this autumn budget, the government presents a series of proposals that affect our private economy. Some of the groups who gain from this budget are retirees, families with children, students and those living on sickness compensation or activity compensation. At the same time, the tax on savings (investment savings account), air travel and gasoline is raised to name a few. The proposed increase of the ISK account has received a lot of negative attention, mainly for the political signal it sends about savings, which I fully agree with. It is nevertheless important to point out that even after the tax increase, the ISK account is still a very advantageous savings form.
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