Rachel Reeves Proposes 22% Tax on Interest from Stocks and Shares ISAs Wednesday, May 27, 2026 isa tax investment savings reform stocks interest treasury finance government Chancellor Rachel Reeves is reportedly preparing to impose a 22% tax charge on interest earned within stocks and shares ISAs. This move forms part of the Labour government’s plans to reform Individual Savings Accounts (ISAs), … Read More
HMRC Set to Tax Over Two Million UK Households, Average Bill Hits £2,300 Friday, May 15, 2026 hmrc tax savings interest allowance personalallowance personalsavingsallowance taxbands ukfinance income HM Revenue & Customs (HMRC) is poised to charge over two million UK households an average of £2,300 in tax on their savings, according to recent data. A Freedom of Information request has revealed that the number of … Read More
Nationwide ISA Rate Changes Offer Savers Up to £4,822 Boost Thursday, May 7, 2026 nationwide isa savings interest fixedrate cashisa banking finance investments uk Nationwide has introduced new rules and rate changes to its Individual Savings Accounts (ISAs), promising customers potential earnings of up to £4,822. This week, the building society, which operates branches in Birmingham … Read More
HMRC Issues £2,700 Tax Bills on Savings Interest Many UK Households Never Kept Thursday, April 16, 2026 hmrc tax savings interest penalty withdrawal taxbill ukhouseholds pensioners finance HM Revenue & Customs (HMRC) is sending UK households tax bills based on the gross amount of savings interest, even when early withdrawal penalties drastically reduce the actual interest received. A pensioner couple from … Read More
Santander Launches New ISA With Up to £450 Bonus for Customers Saturday, April 11, 2026 santander isa savings interest bonus vouchers fixedrate banking finance investment Santander has introduced an attractive new ISA account that could significantly enhance customers' savings. Offering a fixed interest rate of 4.5%, this ISA allows savers to lock in their money and earn substantial returns … Read More
Mortgage Bills to Jump by £788 Annually as Major UK Banks Raise Rates Wednesday, March 18, 2026 mortgage rates money lenders borrowing finance interest inflation bankofengland uk Mortgage costs for UK households are set to increase by an average of £788 a year as major lenders raise their rates. According to Money Facts Compare, prominent banks such as Barclays, HSBC, Lloyds Bank, NatWest, and … Read More