@financebyfaro: HMRC just confirmed a 22% charge on interest earned from cash sitting inside a stocks & shares or innovative finance ISA — starting April 2027. It applies to everyone, no exceptions. It’s tied to the cash ISA allowance dropping from £20k to £12k for under-65s, designed to stop people parking cash in investment ISAs to dodge that cap. One exception: money market funds won’t count as cash, as long as they’re not 100% of your ISA. Got cash sitting in your stocks & shares ISA doing nothing? Invest it or move it to a cash ISA before April 2027 — once the rules land, under-65s can’t transfer that way anymore. 💬 Comment “ISA” for my free stocks & shares ISA guide. Save this. Follow for more 🔖 #ISA #PersonalFinance #UKTax #MoneyTips #FinancialEducation

Faro

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Friday 26 June 2026 16:46:48 GMT