The annual cash ISA allowance will remain at £20,000 from 06 April 2027. Savers can continue to contribute up to £20,000 each tax year into cash ISAs, stocks and shares ISAs or a combination of both.
The proposed stocks & shares ISA changes will also not go ahead, including the 22% charge on interest on cash held, restrictions on Money Market Funds and transfers into cash ISAs.
A proposed incentive for first-time investors
The government plans to work with the investment industry on a new incentive for people investing in a stocks and shares ISA for the first time. The features of the incentive and its implementation timetable have not yet been confirmed.
We’ve got you covered with our range of stocks and shares ISAs
Stocks and shares ISA
Ideal if you’re wanting to pick your own stocks and shares, funds and more.
Invest up to £20,000 in this tax year and pay no Capital Gains or UK Income Tax.
Invest without the trading fees within a Regular Investment Plan.
No dealing commission is charged for international online trades. FX rates still apply.
Access our full range of shares, ETFs and Funds. Use our ETF Quicklist and Funds Select List to make selecting investments simple and easy.
If you're reviewing your savings options following the ISA changes, our guides can help you understand investing, risks and the different ways to get started.
Investing for longer increases the likelihood of positive returns.
Over a period of 5 years or more, investments usually give you a higher return compared to cash savings. But investments can go down as well as up in value, so you could get back less than you put in. Tax treatment depends on individual circumstances and may be subject to change in the future.
What else was announced in the Budget?
Find out more about the announcements from the Budget and what they could mean for you.
Halifax Share Dealing Limited. Registered in England and Wales no. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Conduct Authority under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.
