the Mirror<\/a>.<\/p>\n![\"London,](\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/07\/1783424292_25_0_Pedestrians-walking-in-front-of-Natwest-ATM-machine.jpg\")
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Government changes are being made to cash ISA limits from April 6 2027(Image: Lubo Ivanko via Getty Images)<\/p>\n
What’s changing from April 6, 2027?For under-65s only:Your total ISA allowance will stay at \u00a320,000 per year, but the amount you can add to a cash ISA will be limited to \u00a312,000.You\u2019ll no longer be able to transfer from a stocks and shares ISA to a cash ISA.For everyone:A 22% charge will apply to any interest paid on cash that\u2019s held within a stocks and shares ISA.Stocks and shares ISAs can no longer be made up entirely of cash\u2011like investments.<\/p>\n
NatWest adds: “Now could be a good time to think about how you’d like to use your ISA allowance in future – and whether your savings are in the right place for your goals. Whether you’re saving, investing, or a mix of both, taking time now to review your options could help your money go further ahead of the 6th April 2027 changes.”<\/p>\n
While the total annual ISA allowance stays at \u00a320,000, the Government is limiting how much new money you can put into cash accounts to promote retail investment. For those under 65, there’s now a \u00a312,000 cap per tax year on Cash ISA contributions.<\/p>\n
The outstanding \u00a38,000 needs to be allocated to alternative options, including a Stocks and Shares ISA. Those aged 65 and above won’t face this restriction.<\/p>\n
You’ll still be able to allocate your complete \u00a320,000 allowance to a Cash ISA. Any tax-free savings you’ve built up in your NatWest Cash ISA prior to April 6 2027 will stay fully protected and will keep generating tax-free interest.<\/p>\n
According to Gov.uk: “In order to protect the integrity of the new cash ISA limit and ensure the reforms achieve their intended aim of encouraging retail investment so savers get more from their investments\/savings, the following rules will be introduced to prevent the following:<\/p>\n
subscribe up to \u00a320,000 cash in a non Cash ISA and leave it there long-term earning tax-free interestsubscribe \u00a320,000 to a non Cash ISA and then transfer those funds to a Cash ISAsubscribe \u00a320,000 to a non Cash ISA and use the funds to purchase wholly cash-like investments”.<\/p>\n
Natwest confirms that existing funds held in a Cash ISA up to 5 April 2027 should remain unaffected and continue to be tax-free. While there are modifications to Stocks and Shares ISAs, these will not impact your Cash ISA. No changes have been made to the Junior ISAs allowance, which remains at \u00a39,000 each tax year per child.<\/p>\n
Additional information is available on the official Government portal. These proposals remain subject to legislation.<\/p>\n","protected":false},"excerpt":{"rendered":"NatWest is sending emails to customers about a change coming in April 2027 11:48, 06 Jul 2026Updated 13:04,…\n","protected":false},"author":2,"featured_media":78331,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21386],"tags":[665,12182,2607,7955,2757,3533],"class_list":["post-78330","post","type-post","status-publish","format-standard","has-post-thumbnail","category-natwest","tag-banks","tag-high-street-closures","tag-hmrc","tag-natwest","tag-real-life","tag-your-money"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116878501824039689","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/78330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=78330"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/78330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/78331"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=78330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=78330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=78330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"A](\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/07\/1783424291_786_0_Nat-West-ATM.jpg\")
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