VECE · Poll

@thomas_ashworth

The Chancellor has scrapped the plan to cut the cash ISA limit, so you can still save up to £20,000 a year tax-free in cash. The plan would have capped it at £12,000. But tax on savings interest outside ISAs rises in April 2027, to 24% for basic-rate and 44% for higher-rate taxpayers. Where will you put your savings now?

#Investing #Taxes #Savings #PersonalFinance #UnitedKingdom

0 answers