Victory for the Mail and This is Money as Healey axes Reeves' cash Isa raid
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The annual limit for tax-free cash Isa contributions will remain at £20,000. This decision reverses a plan to reduce the amount to £12,000 starting in April. The move follows pressure from the Mail and This is Money.
The amount that can be funnelled into a tax-free cash Isa every year will now stay at £20,000 instead of being slashed to £12,000 from April.