April 18, 2025
Fixed Assets

Here’s what Labour’s cash ISA changes could mean for you

THERE are strong rumours afoot that the UK Government is planning to cut the tax-free allowance on cash ISAs as part of its Spring Statement. At the moment, adults can contribute as much £20,000 to cash ISAs each year if they wish to, and the interest on this is currently tax-free. But that could be

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Fixed Assets

More cash ISA options than ever made available as Treasury considers axeing them

The Government may reportedly cut the allowance on cash ISAs to encourage more people to invest their savings The number of cash ISAs on offer has risen to the highest figure on record – at the same time the Treasury mulls the possibility of axeing them at the next Budget. At the start of February

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