UK Brokers to Pay 22% Charge on ISA Cash Interest as eToro Survey Shows Savers Unprepared
UK investment platforms will pay a flat 22% charge on interest earned by cash held in Stocks and Shares ISAs from April 6, 2027. Most of their clients do not know the rule exists, according to a survey eToro published today (Tuesday). Platforms pay interest on uninvested ISA cash and advertise it. XTB offered 4.75% on idle balances when it launched a zero-commission UK ISA in December 2024 . Under
UK investment platforms will pay a flat 22% charge on interest earned by cash held in Stocks and Shares ISAs from April 6, 2027. Most of their clients do not know the rule exists, according to a survey eToro published today (Tuesday). Platforms pay interest on uninvested ISA cash and advertise it. XTB offered 4.75% on idle balances when it launched a zero-commission UK ISA in December 2024 . Under
Source: Finance Magnates