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People over this age to be exempt from ISA rule change
The cash ISA allowance cut is just one of many rules coming into force
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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.
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HMRC enforce Isa tax to stop savers exploiting new rules coming into force next year
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
