Cash ISAs Shrinking Next Year | Nottingham News

Big changes are coming to ISAs next year—cash ISA limits are slashing from £20k to £12k, forcing savers under 65 to shift £8k into stocks and shares. Cash parked in those investment accounts will now face 22% tax on interest. Advisors urge you to max out your current allowance before April to lock in the old rules. The government’s pushing you toward active investing to boost the economy—so rethink your savings game before it’s too late. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7c43f23392ecf4e3