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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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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

·Basildon, United Kingdom
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Politics Home broke the news in London, United Kingdom on Monday, March 17, 2025.
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