05/10/2026
From 6 April 2027, under-65s will be able to put a maximum of Β£12,000 a year into a Cash ISA. HMRC confirmed the change on 17 September 2026.
The overall ISA allowance remains Β£20,000. So, if you want to use the full allowance, the remaining Β£8,000 would need to be allocated to another eligible ISA type, such as a Stocks & Shares ISA or Innovative Finance ISA. Over-65s retain the full Β£20,000 Cash ISA allowance.
The rules are quietly nudging savers towards investing. But access to an account or app was never the real barrier. The bigger question is knowing what to do inside it, and understanding the difference between saving and investing.
A sensible starting framework is:
β’ Know your numbers and time horizon
β’ Match the account to your goal
β’ Have a plan before choosing a product
This is general educational information, not personal tax or financial advice. One-to-one guidance can help you explore your options based on your circumstances, goals and attitude to risk.
Freedom Income supports clients across Edinburgh, Glasgow, Fife, Stirling, Perth and London with practical, education-first coaching.
What are you currently planning to do with your ISA allowance?
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