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Individual Savings Accounts: Tax Allowances

Asked by Edward MorelloLiberal DemocratTreasuryTabled Answered 3 March 2025UIN 33784

The question

To ask the Chancellor of the Exchequer, whether she has plans to make changes to the tax-free allowance for Individual Savings Accounts.

Answered by Emma Reynolds

Individual Savings Accounts (ISAs) incentivise greater saving and investment by helping people save for their future goals and build greater financial resilience. They support people of all incomes and at all stages of life to save.

The Government keeps all aspects of the tax system under review.

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