HMRC plans to close a Cash ISA loophole from 2027 that could see under-65s taxed 20% on interest earned from uninvested cash ...
Experts have warned that changes to ISA allowances will hit those who have prudently grown their savings. An announcement in the Budget last month said the £20,000 ISA allowance will be effectively ...
Chancellor Rachel Reeves is set to make her first Mansion House speech on July 15, with finance experts anticipating her to announce cuts to tax-free limits for cash ISAs. However, in a last-minute ...
Laura Purkess, personal finance expert at Investing Insiders, highlighted to savers that the £20,000 allowance is dropping in ...
"For many, cash ISAs offer a simple and low-risk way to manage their savings without worrying about market volatility.
Savers are being warned over cash ISAs that came with a bonus rate. As of the end of October, five of the top 10 paying instant access cash ISAs offered bonus rates, rising to nine of the top 25, ...
"For cash ISAs, don't give into inertia - switch to the top rate, as doing so could boost your savings by thousands of pounds long-term." She also warned against a common error that can unnecessarily ...
British savers stashed more than £2 billion more into cash ISAs over the last three months compared to the year before, data from the Bank of England shows. Reeves announced that she wants to boost ...
It comes as a result of her looming ISA reforms and the decision to extend the freeze on personal tax threshold until 2031.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The Portfolio Cash ISA brings together instant access and fixed-rate ISAs ...
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