Robin Fieth

1 month ago | ftadviser.com | Tom Selby |AJ Bell |Robin Fieth |Holly Mackay

Isas have been a useful saving strategy for millions of people. For 26 years, since their introduction in 1999, Isas have given people the opportunity to save every tax year, a benefit to which many Britons have subscribed. Recent data from HM Revenue & Customs has said the value of tax relief provided to cash Isa savers rose from £70mn in 2021/22 to £2.1bn in 2023/24.