MONEY POLL: Are you worried about a tax raid on ISAs? Vote now

Savers are increasingly concerned ISAs will be targeted by Chancellor Rachel Reeves as part of a tax raid in her upcoming Autumn Budget on November 26.It is understood Treasury officials are considering cutting the tax-free allowance linked to the savings product as the Chancellor looks for ways to generate revenue for HM Revenue and Customs (HMRC).Reports are circulating the allowance could be slashed from £20,000 to £10,000 in next month's fiscal statement. LATEST DEVELOPMENTSISA tax raid could make 'mortgages more expensive' as Rachel Reeves targets savingsRachel Reeves plots 'major shake-up' as savings tax raid on ISAs on the cardsPension tax raid options REVEALED as Rachel Reeves may 'reduce' HMRC relief - full list here Our Standards: The GB News Editorial Charter

  News   Oct 16, 2025   0   3  Add to Reading List
MONEY POLL: Are you worried about a tax raid on ISAs? Vote now

Savers are increasingly concerned ISAs will be targeted by Chancellor Rachel Reeves as part of a tax raid in her upcoming Autumn Budget on November 26.

It is understood Treasury officials are considering cutting the tax-free allowance linked to the savings product as the Chancellor looks for ways to generate revenue for HM Revenue and Customs (HMRC).


Reports are circulating the allowance could be slashed from £20,000 to £10,000 in next month's fiscal statement.



Savers looking at tax statement in pictures

LATEST DEVELOPMENTS





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