Multiple reports claim that UK Chancellor Rachel Reeves is planning to introduce tax changes affecting Individual Savings Accounts (ISAs) for the first time. The coverage specifically says that cash held in investment accounts within ISAs would face a new charge of 22%. The articles describe this as one of Reeves’s final actions in her role as Chancellor, but do not provide further details on timing or the full scope of the policy. They also do not include additional context such as how the charge would be applied, which ISA products would be affected beyond the cash element, or whether there are exemptions, thresholds, or transitional arrangements. Overall, the reporting focuses on the novelty of ISA tax treatment and the proposed 22% rate for cash held in investment accounts, presenting it as a significant change to how ISAs are treated going forward.