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New Tax on Idle ISA Cash Starts April
Starting next April, a 22% tax hits idle cash in stocks and shares ISAs—no tax on dedicated cash ISAs. The government wants you to invest, not just stash cash. Experts warn confusion could hurt savers, so check where your money sits before tax bites. Know your ISA type, review your strategy, and make sure you’re maximizing tax-free allowances—no rush to invest, just clarity matters. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public reporting.Report issues to…
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