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New 22% ISA charge confirmed from April 2027 - what savers need to know
The levy is to prevent savers from getting around new cash ISA limit rules, which will see the annual cash ISA limit cut from £20,000 to £12,000 for under-65s
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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.
