Taxed when you earn it. Taxed when you spend it. Now taxed again when you save and invest it. The UK tax system seems determined to punish financial responsibility
@oldishbird1 People saying โitโs only the interest being taxedโ are missing the point.
The money was already taxed when earned. ISAs were created so ordinary savers could earn returns without another tax hit. Now the rules are being changed again.
The direction of travel is obvious.