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, ...

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 ...

The cash Isa allowance will be slashed to £12,000 a year from April 2027, but only for under 65s. Rachel Reeves will cut the amount that can be saved in cash tax-free from its current level of £20,000 ...

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 ...

Brits a particular savings account to help them buy their first home could avoid a current £450,000 cap. As part of today's Autumn Budget announcement, the Labour Government revealed plans for ...

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 ...

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 ...

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 ...