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› People › Chancellor of the Exchequer
Person · entity profile
Chancellor of the Exchequer
2
source-backed facts
1 publication
Finance
finance · Express
The Chancellor of the Exchequer announced in last year's budget that those under 65 would only be allowed to put £12,000 a year into Cash ISAs.
“In last year's budget, the Chancellor of the Exchequer announced that those under 65 would only be allowed to put £12,000 a year into Cash ISAs.”
12000 £
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finance · Express
Interest paid on uninvested funds in Stocks and Shares ISAs will be taxed at 22 per cent, with both changes set to be introduced in the 2027/28 tax year, as confirmed in the Chancellor's budget.
“It has also been confirmed that interest paid on uninvested funds in Stocks and Shares ISAs will be taxed at 22 per cent, with both changes set to be introduced in the 2027/28 tax year.”
22 per cent
2027 tax year
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