HMRC Crackdown on ISA Savers: 140,000 Letters Issued With £749 Average Penalty

HMRC Crackdown on ISA Savers: 140,000 Letters Issued With £749 Average Penalty

For years, Individual Savings Accounts (ISAs) have been promoted as one of the safest and most tax‑efficient ways for people in the UK to save money. Millions of savers use ISAs believing their money is fully protected from tax problems. That is why recent headlines claiming an HMRC crackdown on ISA savers, involving 140,000 letters and an average £749 … Read more