ISA allowance to remain £20,000 and abolish any idea of an allowance decrease.
Ensure/guarantee that the current ISA allowance remains as £20,000 per person per year across all ISA's. Abolish any and all ideas of reducing it.
Signatures
9
signatures
Government response threshold (10,000) · 9/10,000
Debate threshold (100,000) · 9/100,000
- 24 APR 2025Petition rejectedduplicate
You may wish to sign this petition which calls for a similar action: https://petition.parliament.uk/petitions/718599
- 01 MAR 2025Petition created
Background
There are rumours that the government will reduce the ISA allowance to an insulting total of £4,000. This will not benefit the working, lower middle and middle class, as it's the only tax efficient way to save and invest with the current £20,000 allowance. The allowance include the lifetime ISA and if they were to change will create even more disparity between the old and rich and the young and poor who are only just trying to find their feet/build a life in this country.