Written Question·Treasury·UIN 46333

Individual Savings Accounts: Widowed People

Tabled: 17 April 2025
Answered: 24 April 2025
Named Day

Question

Jenny Riddell-Carpenter

LabourSuffolk Coastal

To ask the Chancellor of the Exchequer, if she will make an assessment of the adequacy of legislation on the inheritance of Individual Savings Account allowances from a deceased (a) spouse and (b) civil partner.

Answer

Emma Reynolds
The Individual Savings Account (ISA) regulations allow the surviving spouse or civil partner of a deceased ISA saver an additional ISA allowance, equal to the value of the deceased saver’s ISA holdings on their date of death, subject to certain conditions...

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