Wed, 22 Apr 2026 09:35:51 GMT
Rachel Reeves ISA Reform: 2026 Cash ISA Limit Changes
Chancellor Rachel Reeves's plan to slash the cash ISA limit from £20,000 to £12,000 for under 65 is facing significant hurdles. While scheduled for April 2027, months of Treasury talks have stalled over how to effectively tax uninvested cash held within investment accounts. Officials are reportedly weighing a 22% tax on interest earned from cash sitting idle in stocks and