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#cashisa — Public Fediverse posts

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  1. Interestingly in the budget (demonstrating yet again the contradictions that Rachel Reeves seems to favour), the tax rate on the interest earned on savings was raised for all by 2%, while reducing the cash ISA limit (for the under 65 year olds, we over 65s can still pay in £20k a year into our cash ISAs)... so, rather than discourage cash savers from using Cash ISAs, the tax on savings makes the Cash ISA even more advantageous... ah well.

    #CashISA #economics #AutumnBudget

    h/t FT