Cash ISA Shake-Up: HMRC Blocks Loophole as Savers Hit With £162 Bill

Cash ISA Shake-Up: HMRC Blocks Loophole as Savers Hit With £162 Bill

UK savers are being urged to review their accounts following a significant Cash ISA shake‑up that has left some facing an unexpected £162 tax bill. The change follows action by HM Revenue and Customs to close a loophole that previously allowed certain interest to slip through the system without being taxed correctly. For years, many savers believed … Read more