Savings alert: Tomorrow 'last chance' for ISA holders as tax-free allowance to be slashed
In 2024, Chancellor Rachel Reeves confirmed the tax-free allowance attached to ISAs would be cut from £20,000 to £12,000
In 2024, Chancellor Rachel Reeves confirmed the tax-free allowance attached to ISAs would be cut from £20,000 to £12,000
Experts warn decision shifts burden onto public despite scheme covering 92 per cent of obligations
Full relief is available when the relative residing in the annexe is aged 65 or older