Policy paper
Reduction in the cash Individual Savings Account (ISA) limit
This tax information and impact note is about changes to Individual Savings Account (ISA) regulations to reduce the annual subscription limit of cash ISAs.
Documents
Details
This tax information and impact note explains changes to the Individual Savings Account Regulations 1998 to reduce the annual cash ISA subscription limit to £12,000 for individuals aged under 65 from 6 April 2027.
It also introduces changes and rules to make sure the limits operate as intended.
Updates to this page
Published 17 September 2026