Key HMRC ISA update with deadline ‘in weeks’ before limit slashed | Personal Finance | Finance
Rules are changing next year (Image: MarioGuti via Getty Images)Thousands of savers were "within touching distance" of becoming ISA millionaires in 2023, according to a money app, with many likely to have now crossed this threshold to join more than 5,000 million-pound ISA holders.Plum secured the data through a freedom of information request (FOI) to HM Revenue and Customs. HMRC has said approximately 5,070 people had ISA accounts worth £1 million-plus by April 2023.In response to a subsequent FOI request from Plum, HMRC said 1,240 ISA holders had accounts worth £950,000 to £999,999 in the year 2022-23 and 1,530 had accounts worth £900,000 to £949,999. Some 4,700 ISA holders had accounts valued at £800,000 to £899,999.Plum said the delay in the data and stock market performance in rece...










