Neus · Neutral News Analysis

Chancellor Abandons Plans to Cut Cash ISA Allowance

In the latest Budget, the Chancellor reversed previous proposals to reduce the tax-free savings limit. Savers will retain their full £20,000 annual cash ISA allowance, avoiding the anticipated cuts.

Referenced News Coverage (2 sources)

Cash ISA allowance to stay at £20,000 in U-turn – what to do with your money (The i Paper)
Chancellor ditches Rachel Reeves' cash Isa raid and keeps savings limit at £20,000 (Daily Mail)