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News ISA rules 2024 - what's changing?

ended 15. March 2024

A journalist at the Daily Express is looking for a savings expert to share commentary on the new ISA rules that will come into effect in the new fiscal year. Can you answer the following questions:

- What's changing?
- Who will the affect?
- Anything to look out for?

1 responses from the Newspage community

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Editor
Ross Lacey
Director & Independent Financial Adviser at Fairview Financial Management
The biggest and most helpful change is the ability to open multiple ISA types in the same tax year eg. two different cash ISAs with different providers.

Something to watch out for is the minimum age to open a cash ISA rising to 18. For any 16 or 17 year olds it could be worth opening a cash ISA before 6th April 2024.