Budget 2026: how to beat the new savings tax rates

“Budget 2026: how to beat the new savings tax rates”

John Healey’s budget offered a ‘sting in the tail’ for savers by raising tax rates but there are ways to ease the pain Savers were both winners and losers in Wednesday’s budget . In his first outing as chancellor, John Healey dropped a plan to cut the cash Isa limit for under-65s but surprised everyone with an extra tax charge on savings and property income. His predecessor, Rachel Reeves, had already announced a plan to increase the income tax rates for savers and landlords that was due to…