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New ISA Rules Aim to Curb Savings Bypasses by 2027

11/29/2025

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Summary

Story summary

The government will implement rules to stop savers bypassing the reduced cash ISA limit of £12,000, effective April 2027.
HM Revenue and Customs will charge interest on stocks and shares ISAs and check cash-like accounts.
Adults may save up to £20,000 across ISAs, but only those 65 and over keep the full limit.
A consultation for a new ISA product for first-time homebuyers is planned for early 2026.

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Story summary

The government will implement rules to stop savers bypassing the reduced cash ISA limit of £12,000, effective April 2027.
HM Revenue and Customs will charge interest on stocks and shares ISAs and check cash-like accounts.
Adults may save up to £20,000 across ISAs, but only those 65 and over keep the full limit.
A consultation for a new ISA product for first-time homebuyers is planned for early 2026.