---
layout: post
date: 2025-11-30
link: https://ifamagazine.com/cash-isa-cut-update-from-jason-hollands-on-the-devil-in-the-detail/
title: Cash ISA cut – devil in the detail
type: linked
cited: IFA Magazine
---

Cash for fees, money market funds?

> An [HMRC bulletin](https://www.gov.uk/government/publications/tax-free-savings-newsletter-19/tax-free-savings-newsletter-19-november-2025) has today outlined the intended measures:
>
> - no transfers from stocks and shares and Innovative Finance ISAs to cash ISAs
> - tests to determine whether an investment is eligible to be held in a stocks and shares ISA or is 'cash like'
> - a charge on any interest paid on cash held in a stocks and shares or Innovative Finance ISA