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Question follow-through · 25138

Individual Savings Accounts

To ask the Chancellor of the Exchequer, what assessment he has made of the potential economic impacts of the reduction in the Cash ISA tax free limit to £12,000 for under 65s from April 2027; and what assessment he has made of the impact of this reduction

answeredTreasury

About this written question

A written question asks a government minister for information in writing. Parliament publishes the question and any answer.

Answering body
Treasury
Tabled
28 Aug 2026
Target answer date
2 Sept 2026
Answer
7 Sept 2026 · 10 calendar days after tabling

Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.

More questions by this MP on Economy and business

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Votes on this topic

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Recorded timeline

  1. 28 Aug 2026

    Question tabled

    To ask the Chancellor of the Exchequer, what assessment he has made of the potential economic impacts of the reduction in the Cash ISA tax free limit to £12,000 for under 65s from April 2027; and what assessment he has made of the impact of this reduction

  2. 2 Sept 2026

    Target answer date

    Date supplied by the official written-questions record.

  3. 7 Sept 2026

    Answer published

    The government announced at Budget 2025 that it is keeping the full £20,000 ISA allowance for investment, and setting the cash ISA limit at £12,000 from April 2027. This is part of our wider strategy aimed at supporting people to get into investing, inclu...

Open official record

Official data retrieved 28 Sept 2026.

Later records

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