Do new Isa rules mean I have to pay tax?

It’s vital to understand the new HMRC rules on Isas if you want to ensure your cash remains tax-free. Photograph: mundissima/Alamy

The way you can invest in Isas will change next April, and for under-65s that will mean a reduced limit on the amount of money that can be saved tax-free in a cash Isa.

This week, the new rules became clearer, prompting concern among investors that they may have to pay tax on some of their holdings.