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I think they're clamping down on cash held in Stocks and Shares ISAs, not Cash ISAs.
by cjrp 3mo ago
I think they're clamping down on cash held in Stocks and Shares ISAs, not Cash ISAs.
- gpderetta 3mo agoAs the government wants to encourage people to be invested and not hold cash, from '27 you'll only be able to add 12k in Cash ISA. They are planning to also change the limit on cash held on S&S ISAs to avoid an easy workaround for this limit
- cjrp 3mo agoAh I see, I wasn't aware of the Cash ISA change too, thanks.