Written Question·Treasury·UIN 46333
Individual Savings Accounts: Widowed People
Tabled: 17 April 2025
Answered: 24 April 2025
Named DayQuestion
Jenny Riddell-Carpenter
Labour — Suffolk 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 ReynoldsThe 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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