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Well, yes, but after maximizing an ISA that's still an option. Also the government is clamping down on cash ISA.
by gpderetta 4mo ago
Well, yes, but after maximizing an ISA that's still an option. Also the government is clamping down on cash ISA.
- cjrp 4mo agoI think they're clamping down on cash held in Stocks and Shares ISAs, not Cash ISAs.
- gpderetta 4mo 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 4mo agoAh I see, I wasn't aware of the Cash ISA change too, thanks.