Published 6 months ago • loading... • Updated 6 months ago

Cash ISA allowance for 2025 and how to make the most of the new tax year

35% of Brits do not have an ISA, and one in five young adults are unaware that ISAs exist, according to data from NatWest.
The upcoming Spring Statement may reduce the Cash ISA allowance from £20,000 to £4,000 per year, industry reports indicate.
Mo Watt from NatWest expressed concern about the lack of ISA understanding, especially among young adults who miss out on tax-free savings opportunities.
Half of survey participants own at least one ISA, with London showing the highest ownership rate at 77%, while Wales has the lowest at 57%.

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Wiltshire Times

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Cash ISA allowance for 2025 and how to make the most of the new tax year

Many are unaware of the Cash ISA allowance 2025 - here's how to make the most of the new tax year

6 months ago·Trowbridge, United Kingdom

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Why Cash ISAs Matter: Supporting Home Buyers

The debate about economic growth continues to dominate the political agenda ahead of the Spring Statement. As part of this, there has been a focus on Cash ISAs and the role they play in supporting the mortgage market and financial resilience.

6 months ago·London, United Kingdom

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Money Marketing

Alistair McQueen: Struggling in the lead-up to April 6? Blame the Romans

According to the Bank of England, about £50bn has been added to cash Isas alone in the 12 months to December 2024. That’s the most we’ve ever seen in a calendar year since the Isa was introduced in 1999. And the race to tax-year-end in April is still to come.

6 months ago

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