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United Kingdom · Question · Written question

UIN 71430

Individual Savings Accounts: Tax Allowances

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

29 August 2025

Last action

4 September 2025 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

4 September 2025

Summary

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of reducing the annual Cash ISA allowance on older savers.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 29 August 2025

    Written question

    To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of reducing the annual Cash ISA allowance on older savers.

    Source: Commons

  2. 4 September 2025

    Answer

    ISAs incentivise saving and investment for future goals by providing tax advantages to individual taxpayers. The Government recognises the important role that cash savings play in helping households build a financial buffer for a rainy day. The Government...

    Source: Written answer

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