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Cash ISA contribution limit remains at £20,000

Chancellor Jeremy Hunt has decided to keep the annual contribution limit for tax-free cash ISAs at £20,000, reversing a previous proposal to lower it to £12,000 starting in April. This change comes after feedback from stakeholders.

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Chancellor Jeremy Hunt

Our neutral summary

Chancellor Jeremy Hunt has decided to keep the annual contribution limit for tax-free cash ISAs at £20,000, reversing a previous proposal to lower it to £12,000 starting in April. This change comes after feedback from stakeholders.

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Original Headline

Victory for the Mail and This is Money as Healey axes Reeves' cash Isa raid

Neutral Headline

Cash ISA contribution limit remains at £20,000