Budget 2024 Uk Isa. At autumn statement 2023, the government announced a package of isa reforms, which come into effect from 6 april 2024. In the chancellor’s 2024 spring budget, a consultation to launch a new british isa was announced.

Following jeremy hunt’s announcement in the 2024 spring budget, we look at what the launch of a new ‘british isa’ could mean for you. Five years of maxing the isa, then another 20 of letting the cash grow at 10% returns gives an account of £903,583.