Petition · HM Treasury

Do Not Tax Uninvested Cash Held Within Stocks and Shares ISAs

Open for signatures 47 signatures

What the petition asks

Retain the full tax-free status of Stocks and Shares ISAs by cancelling the planned 22% tax on interest earned from uninvested cash held within these accounts from April 2027 onwards.
Stocks and Shares ISAs have always been promoted as tax-free savings and investment accounts. Taxing uninvested cash would undermine trust in the ISA system and penalise savers who temporarily hold cash while managing risk, moving between investments, or waiting for suitable opportunities.

Timeline

22 Jul 2026 Petition opened for signatures

Key facts

Signatures 47
Status Open for signatures
Department HM Treasury
Opened 22 Jul 2026

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Source: the official petition page. Last checked 26 Jul 2026.