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What does budget 2021 mean for my savings?

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The adult ISA allowance

Another savings feature of the budget this year was an update on allowance limits for adult Independent Savings Accounts (ISAs).

Ministers have capped the current ISA allowance at £20,000, but unfortunately, Mr Sunak did not decide to push it up.

The limit leapt from £15,240 in the 2016/2017 tax year to £20,000 in 2017/2018.



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