27/10/2026
🚨 4 major UK tax changes coming in April 2027! 🚨
Some big changes are on the way, and they could affect your savings, pensions and property income.
💰 1. Cash ISA allowance cut by 40%
The annual limit drops from £20,000 to £12,000 for under-65s.
🏦 2. Pensions and Inheritance Tax
Most unused pensions will be brought into estates for Inheritance Tax purposes, potentially exposing them to 40% IHT.
📈 3. Higher tax on savings interest
Income Tax rates on savings interest increase by 2 percentage points across all three tax bands.
🏠 BONUS: Landlords face higher taxes
Income Tax rates on rental profits also increase by 2 percentage points.
These changes take effect from 6 April 2027, so now is the time to understand how they could affect you.
For more UK tax updates, follow along.
🌐 mynal2.co.uk