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Cash ISA Limits Drop April 2025 | Leicester News

Cash ISA Limits Drop April 2025 | Leicester News

Published 3 weeks, 6 days ago
Description

Starting April, cash ISA limits drop from $20K to $12K for those under 65, while seniors keep the full amount. Plus, cash held in stocks and shares ISAs will now face a 22% tax on interest — a nudge to invest actively. Experts urge planning now, especially if you’re under 65: use your $12K cash allowance wisely, and remember the remaining $8K can still go into stocks — but cash inside those accounts won’t be tax-free.

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