ISA Allowance for 2025-2026: Maximize Your Tax-Free Savings
Leicester News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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UK Savers Beware: ISA Limits Changing in 2027
The UKs Individual Savings Accounts (ISAs) have a £20,000 annual limit for the 2025-2026 tax year, allowing tax-free savings or investments. However, a £4,000 cap applies to Lifetime ISA contributions. Starting April 2027, those under 65 will see a £12,000 cash ISA limit, with the rest going into stocks or innovative finance ISAs. Exceeding the limit may result in tax penalties.
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