Written Question·Treasury·UIN 13857
Individual Savings Accounts
Tabled: 29 June 2026
Answered: 2 July 2026
Question
Kevin Hollinrake
Conservative — Thirsk and Malton
To ask the Chancellor of the Exchequer, what plans she has to levy a penalty on holding cash in a Stocks and Shares ISA.
Answer
Rachel BlakeFrom April 2027, the Cash ISA annual limit will be reduced to £12,000 while the limit for Stocks and Shares and Innovative Finance ISA (non-Cash ISAs) will remain at £20,000. The Cash ISA limit for those aged 65 and over will remain at £20,000. To support...
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