Fresh regulations will be brought in to prevent savers from attempting to circumvent the new reduced threshold for cash ISAs, HM Revenue and Customs ( HMRC ) has confirmed. Official guidance released on the department's website stated that measures will be implemented "to avoid circumvention of the lower limit for cash ISAs".

The regulations will encompass levies on interest earned from cash deposits held within stocks and shares ISAs, alongside assessments to establish whether funds are being stored in "cash-like" products. At present, savers can deposit up to £20,000 each year into cash ISAs, stocks and shares ISAs, or a combination of both.

However, the Government revealed in the Budget that from April 2027, the yearly adult cash ISA threshold will be cut dramatically to £

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