Petition

Scrap the planned 22% charge on cash interest held in Stocks & Shares ISAs

Rejected 13 signatures

What the petition asks

We call on the Government to abandon the planned flat-rate 22% charge on interest earned on cash held within Stocks & Shares and Innovative Finance ISAs, due to take effect from April 2027.
We call on the Government to scrap both the cut to the Cash ISA limit for under-65s and the 22% charge on cash interest in Stocks & Shares ISAs, due from April 2027.
These changes mean working-age savers can shelter less cash from tax and face a new 22% charge on interest from cash they have already paid income tax on. The charge applies even to those who pay no income tax. We believe this unfairly targets ordinary savers and should not go ahead in any form.

Why it was rejected

There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.

You may wish to sign this open petition:

'Do Not Tax Uninvested Cash Held Within Stocks and Shares ISAs'
Do Not Tax Uninvested Cash Held Within Stocks and Shares ISAs

Timeline

24 Jun 2026 Petition opened for signatures
22 Jul 2026 Rejected by the Petitions Committee

Key facts

Signatures 13
Status Rejected
Rejected 22 Jul 2026

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Source: the official petition page. Last checked 18 Aug 2026.