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Potential threat to annual £20k ISA limit?

poseidon1 · 2024-04-07 10:11:56

https://www.resolutionfoundation.org/publications/ineffective-savings-accounts/ The Resolution Foundation published the above paper yesterday, criticising ISAs as failing in their objective to encourage saving by lower and middle earners, over the past 25 years. Proposed measures include lowering the current £20k annual…

Comments

ColdIron Posts: 10,268 Forumite

9 April 2024 at 8:13PM edited 9 April 2024 at 8:15PM

The_Green_Hornet said:

Under Labour the ISA allowance virtually stood still. It's nearly trebled since the Tories have been in power.

Not to mention extending the cash allowance to the whole amount and allowing cash to be held in a S&S account (which was always a really silly restriction that was never enforced)

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