questionText: To ask the Chancellor of the Exchequer, whether she has made an estimate of the number and demographic profile of savers impacted by the reduction in the annual cash ISA allowance; and whether she plans to introduce alternative saving and investment incentives.
answerText: ISAs incentivise saving and investment by providing generous tax advantages to individual taxpayers. Individuals can save up to £20,000 into an ISA each year, and any savings income received within an ISA is tax free. In addition, due to the Personal Savi...
heading: Individual Savings Accounts