1p savings loophole to avoid penalties for moving money under Rachel Reeves’ Budget raid

1p savings loophole to avoid penalties for moving money under Rachel Reeves’ Budget raid

SAVERS will be able to dodge Rachel Reeves's cash ISA crackdown with just 1p - thanks to a flaw buried deep in the Government's own policy design. The loophole means that from next April, anyone prepared to hold a single penny's worth of shares in a stocks and shares ISA could shield up to £19,999.99...

Original Source

Read the full article at Thesun →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.