Rachel Reeves investment ISA levy: Will Your Cash Savings Be Taxed?
The Rachel Reeves investment ISA levy is a confirmed 22% charge on interest earned from cash held inside Stocks & Shares and Innovative Finance ISAs, set out by HMRC on 23 June 2026. It takes effect from 6 April 2027, alongside the £12,000 Cash ISA limit for under-65s, to stop savers using investment ISAs as…