Chancellor eyes 22% levy on cash in stocks and shares ISAs

Effective next April

Sophia Panayi
clock • 2 min read

UK Chancellor Rachel Reeves is eyeing a 22% charge on interest earned from cash in a stocks and shares ISA, The Telegraph reports.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Sophia Panayi
Author spotlight

Sophia Panayi

Senior reporter at Professional Adviser

More on isas

Lightyear launches ready-made ISA portfolios with BlackRock and Vanguard

Lightyear launches ready-made ISA portfolios with BlackRock and Vanguard

Three risk options available

Linus Uhlig
clock 06 May 2026 • 1 min read
Reeves' ISA reforms fail to prompt savers to switch to Stocks & Shares

Reeves' ISA reforms fail to prompt savers to switch to Stocks & Shares

Just 2% have opened S&S ISA since

Linus Uhlig
clock 26 March 2026 • 2 min read
Investing outpaces Cash ISAs for second year running

Investing outpaces Cash ISAs for second year running

Double digit growth

Patrick Brusnahan
clock 23 February 2026 • 2 min read
Trustpilot