Britain weighs lure for small investor
July 24, 1980
Britain is following France's lead in considering tax incentives to attract small-scale stock market investors. A finance bill in the House of Commons would allow individuals to invest in ordinary shares up to $1,100 (US), tax-free, each year. This exemption would continue for five years. The relatively new French law has resulted in widespread equity interest that country's investment field by investors with limited funds.