Topic Collection
Yes. You can put up to £20,000 into ISAs every tax year, provided you are eligible and your total new ISA subscriptions stay within the annual allowance. For the 2026/27 tax year, which runs from 6 April 2026 to 5 April 2027, the overall adult ISA allowance is £20,000. A fresh allowance becomes available when […]
The best cash ISA rates currently reach around 4.61% AER for easy-access accounts and 4.93% AER for longer fixed terms, although rates can change quickly and the highest-paying account is not automatically the best choice for every saver. For 2026/27, adults can still put up to £20,000 into ISAs across the tax year. However, a […]
A person can put up to £20,000 into ISAs during the 2026/27 tax year, which runs from 6 April 2026 to 5 April 2027. The £20,000 allowance is per person, not per household, and it can be divided between Cash ISAs, Stocks and Shares ISAs, Innovative Finance ISAs and a Lifetime ISA. There is an […]
The Martin Lewis best ISA rates currently highlighted by MoneySavingExpert (MSE) include a range of easy-access and fixed Cash ISA options. MSE, the consumer finance website founded by Martin Lewis, regularly reviews savings products to identify competitive rates and important account conditions. As of 2 September 2026, MSE highlighted easy-access Cash ISA rates of up […]
Redundancy pay is not usually taxable up to the first £30,000 of qualifying redundancy and termination compensation in the UK. Any qualifying amount above £30,000 is normally subject to Income Tax. However, notice pay, unpaid wages, holiday pay and bonuses are treated as normal earnings and can be taxed from the first pound. For employers, […]
The latest Armed Forces pay rise gives UK military personnel a 3.6% increase in base pay for 2026/27, effective from 1 April 2026. The Government accepted the recommendations of the independent Armed Forces’ Pay Review Body in full, covering personnel across the Royal Navy, British Army and Royal Air Force. The award means the average […]
The banking industry tax warning UK debate has intensified as Britain’s largest banks push back against the possibility of another tax increase on the financial sector. On 21 August 2026, reports said major UK banks had warned Prime Minister Andy Burnham against introducing what they regard as a potentially damaging windfall tax on financial institutions. […]
HMRC Making Tax Digital exemptions allow certain sole traders, landlords and other taxpayers to remain outside Making Tax Digital for Income Tax, either permanently or temporarily. Making Tax Digital (MTD) for Income Tax became mandatory for the first group of taxpayers on 6 April 2026. However, being above the income threshold does not necessarily mean […]
Receiving one of the crypto tax warning letters HMRC is sending to UK investors does not automatically mean a person has committed tax evasion or definitely owes tax. However, it does mean HM Revenue and Customs has information suggesting their cryptocurrency activity may need to be checked against previous tax returns. HMRC’s scrutiny of cryptocurrency […]
If you need a larger amount of cash, you may be wondering, how much cash can I withdraw from an ATM? In the UK, there is no single withdrawal limit that applies to every bank account. Your maximum withdrawal will normally depend on your bank, account type, debit card settings and the cash machine you […]
