Individual Savings Accounts

(asked on 24th November 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make an estimate of the potential impact of freezing ISA allowances on tax revenues in each year between 2023-24 and 2028-29.


Answered by
Bim Afolami Portrait
Bim Afolami
Economic Secretary (HM Treasury)
This question was answered on 29th November 2023

As set out in the Autumn Statement on the 22nd of November 2023, the effect on tax revenues of maintaining subscription limits at current levels for 2024-25 for Adult, Junior, Lifetime ISAs and Child Trust Funds are as available at : Autumn_Statement_2023_Policy_Costings_-_Final.pdf (publishing.service.gov.uk)

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