questionText: To ask the Chancellor of the Exchequer, what assessment her Department has made of the impact of the real-terms freeze in the annual Cash ISA allowance on (a) pensioners and (b) other low-risk savers.
answerText: ISAs incentivise saving and investment by providing generous tax advantages to individual taxpayers. Individuals can save up to £20,000 into an Individual Savings Account (ISA) each year, and any savings income received within an ISA is tax free. In 2022/...
heading: Individual Savings Accounts