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, ...

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 ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

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 ...

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 ...

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 ...

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, ...

Chancellor Rachel Reeves will slash the amount Britons can save in their tax-free cash ISA each year to £12,000 in a bid to get households investing more in UK stocks. The UK’s current £20,000 annual ...

The cash ISA limit could change to £12,000 on Wednesday. The Labour Party chancellor will deliver the Autumn Budget in the House of Commons on 26 November - and among some of the options is a cutting ...