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UK's ISA allowance freeze until 2030 could cost savers up to £56,500 due to inflation.
The UK's ISA allowance has been frozen at £20,000 until 2030, leading to potential losses for savers as it hasn't kept up with inflation.
If adjusted for inflation, the allowance would be over £26,000 today.
This freeze could cost savers with larger funds up to £56,500 by 2030, with over £11,000 already lost since the last tax year.
Experts suggest raising the ISA allowance to benefit savers, especially as wages rise and income tax thresholds remain unchanged.
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La congelación de la asignación ISA del Reino Unido hasta 2030 podría costar hasta £56,500 debido a la inflación.