Ndubuisi 'Andy' EgwimMoney Coach for Medics|Ex-NHS GP|21+ Yrs Investor| Founder, MoneyWiseDoctor.com|Helping Medics Avoid Big Money Mistakes

Hidden UK Tax Hikes You Didn't Know About!

21 Apr 2026 · 1 min

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In this concise commentary, Ndubuisi 'Andy' Egwim warns viewers that the UK government has been implementing a series of low‑profile tax increases that most people overlook. He outlines four key changes: (1) an overnight rise in Capital Gains Tax following the Halloween 2024 budget, (2) a Dividend Tax increase that took effect in April 2026, (3) a forthcoming Savings Tax hike slated for April 2027, and (4) a reduction of the cash ISA annual allowance for under‑65s from £20,000 to £12,000 starting April 2027. Egwim stresses that these measures erode tax‑free sheltering opportunities, leaving many taxpayers paying unnecessary tax. He urges the audience to act now to protect their savings before the window closes.

Chapters

The government has been quietly raising your tax bill. Not your income tax, not your National Insurance, something quieter than that, something most people never notice until they get the bill. Capital gains tax up overnight since the Halloween budget of 2024, no warning. Dividend tax up from April 2026 is already in effect now. Savings tax rising coming April 2027. And the one account designed to protect you from all of it is being quietly changed too. From April 2027, the cash ISA limit is being cut from £20,000 down to £12,000 for under 65. That is £8,000 less you can save that you can shelter from tax every single year is gone, especially if it's just for saving. It's gone permanently, whether you knew about it or not. Okay. Most people have no idea any of this has happened or is happening. Which means most people are now paying tax they do not have to pay and losing the window to protect themselves before it closes.