Individual Savings Accounts
Commons · Question 64165 · Tabled 1 Jul 2025 · Treasury · Official record
Answered 7 Jul 2025
Question
Asked by Josh Babarinde
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of a reduction in the annual tax-free cash ISA allowance on people in (a) Eastbourne and (b) the UK.
Answer
Answered by Emma Reynolds, 7 Jul 2025
The Government is committed to incentivising greater saving and investment. Individual Savings Accounts (ISAs) help people save for their future goals and build greater financial resilience. The Government recognises the important role that cash savings p...