People withdrawing money before weekend warned over breaking HMRC rule

People withdrawing money before weekend warned over breaking HMRC rule

A savings tax warning has been issued as one in five ISA savers make a simple HMRC mistake. HMRC rules state ISA savers cannot roll over the annual amount that can be saved into the next year - and many are unaware of the restrictions. Research by Shawbrook found 19 per cent of ISA holders wrongly believe can roll over their ISA allowance, which stands at £20,000 per year, to the next tax year. 16 per cent of savers incorrectly …