Money expert Martin Lewis has shed light on the tax implications of ISAs. He warned that these tax-free savings could be subject to a hefty 40 per cent HMRC levy. During an episode of his BBC podcast, ...

Cash ISA rules face a major shake-up after the Chancellor made cuts to the annual allowance during last month’s Budget. From April 2027, the maximum amount anyone under the age of 65 can deposit into ...

Many commentators agree that some reform of individual savings accounts (ISAs) was required, and also that people should be encouraged to invest more to benefit both the UK economy and their own ...

The government has moved to close potential loopholes in the cash ISA limit announced in last week’s Budget, blocking transfers from stocks & shares ISAs into cash ISAs and imposing a charge on ...

New rules will be introduced to prevent savers from bypassing the upcoming lower limit on cash ISAs. Guidance published on the HM Revenue and Customs (HMRC) website said rules will be introduced "to ...

The government is set to reform the Lifetime ISA (Lisa), it was confirmed at Wednesday’s Budget, meaning major changes for millions of savers. Held by an estimated 1.3 million people, the ...

Rachel Reeves has finally confirmed that the cash ISA limit is being cut - but only for younger savers. The Chancellor used her Autumn Budget to reveal the annual cash ISA limit is being slashed from ...

The amount you can save in a tax-free cash ISA has been slashed from £20,000 to £12,000 in the budget. The cut will come into effect from April 2027, but it will not affect over-65s, who will be ...

Cash ISA limits have been cut today but new exemption rules specifically for those aged over 65 have been revealed by Chancellor Rachel Reeves. State pensioners will not see their Cash ISA limits cut ...

Chancellor Rachel Reeves is slashing the amount millions of savers can put into a cash ISA each tax year. From April 2027, under-65s can put no more than £12,000 into a cash ISA each tax year, down ...

Rachel Reeves has effectively cut the cash ISA limit in Wednesday’s Budget, with the cap set to drop from £20,000 to £12,000 – though there is one notable exception for over-65s. The move, seen as a ...

The government is set to consult on lifetime Isa reform in early 2026, with plans to scrap the product. Following this consultation, it will replace the product, which was introduced in 2017, with a ...