ISA savers 'punished' by sixth year of freeze
Evening Standard|November 24, 2023
THE Chancellor was today accused of punishing ISA savers by freezing allowances on the popular tax-free accounts for the sixth year running.
- Simon English
ISA savers 'punished' by sixth year of freeze

While Jeremy Hunt pledged to maintain the triple lock on state pensions and talked of giving employees a pension "pot for life", ISA allowances were held at £20,000.

That news was buried on page 88 of the Autumn Statement on Wednesday.

Increasing the allowance in line with inflation would see it at about £25,000 a year now. ISAs are often used by those saving for a home deposit.

According to the Government's own figures, the cost of ISA tax relief in 2018-2019 was £3.3 billion.

Evening Standard analysis suggests that would be £1 billion more now if they had upped the allowance allowing for market growth.

この記事は Evening Standard の November 24, 2023 版に掲載されています。

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この記事は Evening Standard の November 24, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。