Christopher Moltisantimaxxing
(wasting my potential, zero impulse control, searching for my arc, overthinking, quick to anger, taking everything personally)
BREAKING: The UK just confirmed a 22% tax on interest earned from cash sitting inside Stocks and Shares ISAs, starting 6 April 2027.
An ISA was supposed to mean one thing: money grows completely tax-free.
A Stocks and Shares ISA holds investments, but people often leave cash sitting inside it too, uninvested, just earning interest, tax-free until now.
Next year, the Cash ISA allowance for under-65s gets cut from £20,000 to £12,000. To stop savers from working around that, HMRC is locking down every option:
- Cash held in a Stocks and Shares ISA now gets taxed 22% on its interest.
- You can no longer move money from a Stocks and Shares ISA into a Cash ISA.
- You can no longer hold an entire non-Cash ISA in cash like funds either.
Example: £40,000 sitting as cash inside a Stocks and Shares ISA earning 4.5% makes £1,800 a year. From April 2027, £396 of that goes straight to HMRC, leaving £1,404.
So the government is taxing a savings habit people have used for 27 years, while building in a higher allowance for one age group only.
They don't want people to figure out that if they just get off their arse they can fix their own community in 2 weeks. They want you to keep paying them taxes so they can fix your community for you. In 3 years. Maybe. Probably not.
When I got arrested for Nazi Pug, I got held in jail until my court date due to the "serious nature" of my "offence".
But the guy who threw a toddler into a crocodile enclosure to try and have him ripped limb from limb has already been bailed the very next day.
Clown country.
Bitcoin spends 96% of its life below its all-time high.
Almost the entire return is made in the other 4%, in short violent bursts most holders never wait around for.
I explore every drawdown in Bitcoin’s history, and what the data says actually happens next👇🏼
43 years of physical work in construction
my body knows every one of them
0.12 bitcoin sitting there quietly
bought with what little was left after life took its cut
i just hope my health holds long enough to enjoy what im building
that thought keeps me stacking