Hi Vale, Chancellor Rachel Reeves set out a long list of measures in the Autumn Budget. A handful of these updates may have a real impact on pensions and ISAs. With so much announced at once, it can be hard to know what matters most. We’ve pulled out the changes that could be most relevant to you. Key measures included: - a reduced Cash ISA limit for people aged 65 and under;
- revised salary sacrifice rules for pension contributions;
- a longer freeze on Income Tax thresholds; and
- higher tax rates on dividends and savings income.
We explain what each change could mean for your take-home pay and long-term savings, and how the reforms might shape your options in the year ahead. |
