The total amount of money held in cash ISAs is £360 billion, and the amount of new deposits made into cash ISAs in the 2023-2024 tax year was £69.5 billion, according to the latest HMRC data, ...
Next year will see significant changes to ISAs, making it all the more important to take advantage this year, an expert has said ...
Savers are being warned over cash ISAs that came with a bonus rate. As of the end of October, five of the top 10 paying instant access cash ISAs offered bonus rates, rising to nine of the top 25, ...
BBC Morning Live finance expert Iona Bain explained how some people with smaller savings may be making a mistake using ISAs ...
Higher rate taxpayers in the UK pay 40% tax on income between £50,271 and £125,140, and Ms Bain said they can earn £500 in interest before having to pay tax on it. She said that if people move their ...
Finance expert, Iona Bain, has issued a warning over the incoming change in April ...
Lifetime ISA reform was an exciting announcement in the Autumn Budget. But launching a new ISA product which fails to address ...
Finance expert Iona Bain explained ISA limit changes coming in 2027 and how some savers may be better off keeping money outside ISAs ...
The finance expert appeared on BBC Morning Live ...
Chancellor Rachel Reeves is widely expected to cut the annual cash ISA allowance from £20,000 to £12,000 in tomorrow’s Budget. The move is seen as part of a push to encourage savers into putting more ...