HMRC announces 22% tax on cash interest held in stocks and shares Isas
المصدر: The Guardian | Source: The GuardianTreasury also promises new first-time buyer Isa with no upper age limit reflecting ‘age at which a first home is bought is rising’
Isa reforms announced on Tuesday promise a new first-time buyer account with no upper age limit, and a tax on interest on cash savings held in a stocks and shares wrapper.
Savers and investors can currently hold up to £20,000 a year in Isas, which offer the chance to earn returns which are not subject to tax.
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This article was originally published by The Guardian. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.





