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Reeves announces new 22% tax on interest from cash in stocks and shares ISAs
Rules will be introduced to prevent people subscribing up to £20,000 cash in a non-cash Isa and leaving it there long-term, earning tax-free interest
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cityam.com
HMRC new tax charge on cash ISAs faces industry backlash
HMRC has revealed plans for the UK’s new ISA regime, which will see it tax interest on cash held in stocks and shares ISAs at 22 per cent
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independent.co.uk
22% charge aims to stop Isa savers getting around new rules from 2027
HM Revenue and Customs said several rules will be introduced to ensure the policy achieves its objective.
