Andy Burnham 22% charge for households with over £10,000 savings starting April 2027

New rules will come as a blow to saversSavers could find themselves hit with a new 22% charge under a cash ISA rules shake-up.The tax-free limit is being cut from ﾣ20,000 to ﾣ12,000 for under-65s next April in a blow to savers.It will cut the amount households can make from these accounts through interest.