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The Independent UK
The Independent UK
Business
Karl Matchett

Cash ISA limit could be cut to £4,000 as Rachel Reeves ponders overhaul

Savers in the UK could find themselves restricted further in where they can save money without paying tax, after reports emerged of Rachel Reeves considering cutting the annual limit for Cash ISAs to just £4,000 per year.

Currently, anyone can save a maximum £20,000 per year into Individual Savings Accounts (ISAs), of which there are several types.

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