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So many savers will want to act fast before the best rates are pulled, and ahead of the end of the tax year in April. What is a cash ISA? Adults in the UK have an annual allowance worth up to £ ...
Savers have moved to put money into cash ISAs following reports that Rachel Reeves is set to announce a cut to the tax-free ...
Cash Isa rates boomed over the last couple of years thanks to 14 consecutive increases in the Bank of England base rate. Unfortunately for savers, the base rate has since started to drop, meaning that ...
Cash Isa holders cost the Treasury a total of £2.1bn in tax relief in the year to April 2024, up from £70mn in 2021-22, new data reveals. Rising interest rates have boosted earnings on cash Isa ...
The end of the tax year is nigh, so you don't have much time left to use up your Cash ISA allowance. Under the current rules, the personal savings allowance for 20% basic rate taxpayers is £1,000.
Will cash ISA rates go down? The Bank of England has been reducing the base interest rate since late last year, most recently cutting it to 4.5% in February, and economists predict more cuts to come.
With the new tax year looming on the horizon, many people are trying to find ways they can save a little bit of money from the taxman in the coming years. However, it seems like many people are not ...
A new tax year has started, giving savvy savers and investors a fresh £20,000 annual allowance to put in an Individual Savings Account (ISA).. It is important, however, to choose the most ...