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, ...

Cash ISA rules face a major shake-up after the Chancellor made cuts to the annual allowance during last month’s Budget. From April 2027, the maximum amount anyone under the age of 65 can deposit into ...

Martin Lewis has explained how ISA allowances work for the tax-free accounts. You can currently deposit up to £20,000 a year into ISA accounts, and this can be split between cash ISAs, and stocks and ...

Savers rushed to get money into tax-free cash Isas ahead of speculation that the cash Isa allowance would be cut. In October, £4.2billion flowed into cash Isas, up 75 per cent from the £2.4billion ...

Many commentators agree that some reform of individual savings accounts (ISAs) was required, and also that people should be encouraged to invest more to benefit both the UK economy and their own ...

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 ...

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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 ...

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 ...