{"id":149473,"date":"2025-02-12T13:00:19","date_gmt":"2025-02-12T06:00:19","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-warns-reeves-against-cutting-tax-breaks-on-cash-isas\/"},"modified":"2025-02-12T13:41:50","modified_gmt":"2025-02-12T06:41:50","slug":"nationwide-warns-reeves-against-cutting-tax-breaks-on-cash-isas","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-warns-reeves-against-cutting-tax-breaks-on-cash-isas\/","title":{"rendered":"Nationwide warns Reeves against cutting tax breaks on cash Isas"},"content":{"rendered":"<p>&#013;<br \/>\nCity wants more investment in stocks but move could reduce availability of mortgages for first-time buyers Britain\u2019s biggest building society has waded into a row over whether the government should cut tax breaks on cash Isas, arguing such a move would reduce the availability of mortgages for first-time buyers.In recent days it has emerged that the chancellor, Rachel Reeves, is being lobbied by City firms to scale back or ditch tax breaks on the popular savings accounts, which are used by almost 8 million savers each year. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2025\/feb\/12\/nationwide-warns-reeves-against-cutting-tax-breaks-on-cash-isas\" target=\"_blank\" rel=\"noopener\">Nationwide warns Reeves against cutting tax breaks on cash Isas<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; City wants more investment in stocks but move could reduce availability of mortgages for first-time&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-149473","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-CSR","jetpack-related-posts":[{"id":65116,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/popularity-of-cash-isas-collapses-in-space-of-year\/","url_meta":{"origin":149473,"position":0},"title":"Popularity of cash Isas collapses in space of year","date":"August 31, 2017","format":false,"excerpt":"\r Tax rule changes and low interest rates blamed after amount invested fell from \u00a358.7bn in 2015-16 to \u00a339.2bn last yearCash Isa savings accounts have collapsed in popularity, with a \u00a320bn fall in the amount invested in the space of 12 months.A combination of changes to tax rules and continuing\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8232,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-expert-calls-for-tax-free-isas-to-be-made-lifetime-savings-accounts\/","url_meta":{"origin":149473,"position":1},"title":"Pension expert calls for tax-free Isas to be made lifetime savings accounts","date":"August 5, 2014","format":false,"excerpt":"\r Savings proposal suggests the Treasury could contribute 50p for every pound saved, up to an annual allowance of \u00a38,000Tax-free Isas should be transformed into \"lifetime\" savings accounts topped up with Treasury cash, according to a leading pensions expert.Michael Johnson, a research fellow at the Centre for Policy Studies thinktank,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82985,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investment-isas-act-now-or-lose-your-20000-allowance\/","url_meta":{"origin":149473,"position":2},"title":"Investment ISAs: Act now or lose your \u00a320,000 allowance","date":"March 17, 2018","format":false,"excerpt":"\r There\u2019s a wealth of financial products out there \u2013 here\u2019s how to choose the right ISAInvestors have under three weeks left to exploit this tax year\u2019s \u00a320,000 tax-free Isa allowance. Most opt for safe cash Isas, but investment Isas, with the money going into stocks and shares, offer greater\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49646,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-an-isa-the-best-home-for-your-nest-egg\/","url_meta":{"origin":149473,"position":3},"title":"Is an Isa the best home for your nest egg?","date":"March 25, 2017","format":false,"excerpt":"\r There are many Isa options open to savers these days, but the original tax-free vehicle is still worth a lookYou only have until 5 April to take advantage of your \u00a315,240 Isa allowance. So should you be investing your cash in an Isa? And if so, what type should\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47669,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/isas-back-in-favour-after-tax-allowance-hike\/","url_meta":{"origin":149473,"position":4},"title":"Isas back in favour after tax allowance hike","date":"March 11, 2017","format":false,"excerpt":"\r The cut to share dividends from next year looks set to revitalise Isa saving, and the government has raised the allowance from \u00a315,240 per person to \u00a320,000A new tax-free Isa allowance that comes into force next month will allow wealthy couples to put more than \u00a370,000 beyond the reach\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8620,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lifetime-isas-greeted-with-mixed-opinions\/","url_meta":{"origin":149473,"position":5},"title":"Lifetime Isas greeted with mixed opinions","date":"March 20, 2016","format":false,"excerpt":"\r Experts fire warning that traditional pension savings shouldn\u2019t be passed overThe lifetime Isa announced in last week\u2019s budget has split opinion among pension experts, with some warning it could force young people to work until they drop, but others hailing it as a \u201cno-brainer\u201d for younger workers.The accounts are\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149473"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=149473"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149473\/revisions"}],"predecessor-version":[{"id":149474,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149473\/revisions\/149474"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=149473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=149473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=149473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}