New ISA Tax Targets Idle Cash

Starting April 6, 2027, a new 22% tax hits uninvested cash in stocks and shares ISAs—aimed at nudging savers toward active investing, not just letting money sit idle. Regular cash ISAs remain tax-free, but those with idle cash in other ISA types could face unexpected tax bills. Experts warn confusion is rising as rules shift, urging listeners to check their ISA type and provider to avoid losing tax-free benefits. With savings tax rates climbing, now’s the time to review your strategy and ensure your money’s parked where it should be. Support the show:Get a discount at https://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/154abbb92e12b2aa