Chancellor to Cut Cash Isa Cap
This is a Isas news story, published by Telegraph, that relates primarily to Rachel Reeves news.
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cash Isa limitTelegraph
•Business
Business & Economics
Rachel Reeves to announce cash Isa cut

71% Informative
Rachel Reeves is poised to announce a cut to the annual tax-free cash Isa allowance. The Chancellor is expected to confirm that she will reduce the 20,000 cap on the amount that can be shielded from tax in cash Isas each year in her Mansion House speech on July 15 . Ms Reeves confirmed last month that she had no plans to reduce the total amount that can be paid into Isa products each year. However, the cash Isa limit is understood to still be under threat, with the Chancellor having previously been urged by City bosses to reduce the allowance to as little as 4,000 ..
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