Savers Face New 22% ISA Tax Under Government Reforms – NATIONAL NEWS
Millions of savers could be affected by significant changes to Individual Savings Accounts (ISAs) after the Government confirmed a series of reforms due to come into force in April 2027. The changes include a new 22 per cent charge on interest earned from cash held within Stocks and Shares ISAs and other non-cash ISA products, alongside a reduction in the amount younger savers can place into Cash ISAs each year. ISAs have long been one of Britain’s most popular…