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Those with low earned incomes also benefit from the starting rate for savings: for those whose non-savings and non-dividend income is less than £17,570, the Government provide a 0% tax rate that allows individuals to receive up to £5,000 of savings interest tax-free. Even after these changes, the vast majority of taxpayers will continue to pay no tax whatsoever on their savings income. A basic rate taxpayer could hold approaching £40,000 in savings without paying tax on the interest earned—£25,000 in a savings account paying 4% interest, which would exhaust their personal savings allowance, plus £12,000 in a cash ISA each year. That is a significant amount, and much more than many people are able to save—many families struggle to put away more than £10 a month.