Individual Savings Accounts
The question
To ask the Chancellor of the Exchequer, how many people subscribed to (a) cash and (b) stocks and shares ISAs; and how many subscribed the maximum £20,000 in the latest year for which data is available.
Answered by Lucy Rigby
In the 2022 to 2023 tax year, 7.12 million people subscribed to a Cash ISA only, and 3.07 million people subscribed to a Stocks and Shares ISA only. 1.46 million individuals subscribed the full £20,000 to Cash ISAs, while 0.84 million individuals subscribed the maximum £20,000 to Stocks and Shares ISAs.
In 2022 to 2023, there were 0.74 million people who subscribed to both Cash and S&S ISAs, and 0.19 million of these dual‑subscribers subscribed the maximum £20,000.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →