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United Kingdom · Question · Written question

UIN 96194

Individual Savings Accounts

answeredUnited Kingdom· UK Parliament· EN

Introduced

2 December 2025

Last action

10 December 2025 · Answer

Status

Answered

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Discovery layer

Source updated

10 December 2025

Summary

To ask the Chancellor of the Exchequer, whether she has made an estimate of the number and demographic profile of savers impacted by the reduction in the annual cash ISA allowance; and whether she plans to introduce alternative saving and investment incen

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Timeline

  1. 2 December 2025

    Written question

    To ask the Chancellor of the Exchequer, whether she has made an estimate of the number and demographic profile of savers impacted by the reduction in the annual cash ISA allowance; and whether she plans to introduce alternative saving and investment incen

    Source: Commons

  2. 10 December 2025

    Answer

    ISAs incentivise saving and investment by providing generous tax advantages to individual taxpayers. Individuals can save up to £20,000 into an ISA each year, and any savings income received within an ISA is tax free. In addition, due to the Personal Savi...

    Source: Written answer

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