Cash ISAs may have delivered better returns than ordinary savings accounts for many higher rate taxpayers since 2020, despite standard accounts offering higher interest rates, according to new ...
The Government has provided an update for savers who will be affected by cuts to the ISA allowance. Chancellor Rachel Reeves ...
Financial journalist Martin Lewis has shed light on how ISA allowances work for the tax-free savings pots. Brits can ...
Martin Lewis has clarified how ISA allowances work for the tax-free savings accounts. Currently, savers can deposit up to £20 ...
Chancellor Rachel Reeves is reportedly planning to cut the amount of money that can be saved tax-free in cash Individual Savings Accounts (Isas). The Treasury is still keen to encourage more ...
A potential cut in the cash Isa limit in Wednesday’s Budget would not necessarily persuade people to move their money into investments, a finance expert has said. The Financial Times has reported that ...
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A combination of cuts to the cash ISA allowance and higher income tax on savings will deal a blow to savers as many could face a tax bill ...
The data ‘reveals a clear and growing divide between saving and investing’, according to InvestEngine, which obtained figures from HMRC. Only 30 cash Isas hold over £500,000, compared with nearly ...
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ISA savers hit by HMRC crackdown, with 130,000 letters being sent out, indicating charges of £790 on average. HMRC’s mission is to ensure that all who have broken the primary rules of ISA will face ...
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