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Would you rather £80 or £100? This is why you need a cash Isa, says SIMON LAMBERT

A cash ISA allows savers to keep all earned interest, tax-free, unlike standard savings accounts where interest above a personal allowance is taxed. Using a cash ISA protects savings from current and future taxation. The annual ISA allowance is £20,000, and savers can choose between easy access or fixed-rate options.
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