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New Tax on Cash in Stocks ISAs
The government’s cracking down on cash hoarding in Stocks & Shares ISAs with a 22% tax on interest earned — a move designed to force savers into riskier investments, but it’s catching many off guard. With the Cash ISA limit slashed to £12k, people are scrambling to find loopholes, like using money market funds to skirt the new “all-cash” rule. It’s a bold push for investment — but one that’s turning everyday savers into financial puzzle solvers. 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…
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