@cryptotaxjme: 🚨 4 major UK tax changes coming in April 2027! 🚨 Some big changes are on the way, and they could affect your savings, pensions and property income. 💰 1. Cash ISA allowance cut by 40% The annual limit drops from £20,000 to £12,000 for under-65s. 🏦 2. Pensions and Inheritance Tax Most unused pensions will be brought into estates for Inheritance Tax purposes, potentially exposing them to 40% IHT. 📈 3. Higher tax on savings interest Income Tax rates on savings interest increase by 2 percentage points across all three tax bands. 🏠 BONUS: Landlords face higher taxes Income Tax rates on rental profits also increase by 2 percentage points. These changes take effect from 6 April 2027, so now is the time to understand how they could affect you. For more UK tax updates, follow along. 🌐 www.mynal2.co.uk #UKTax #TaxChanges #HMRC #InheritanceTax #CashISA
