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47169
registered interest false more like this
date less than 2014-04-07more like thismore than 2014-04-07
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, how many people made the maximum allowed contribution to an ISA in each of the last three years; and how many he estimates will do so in each of the next three years as a result of changes announced in the 2014 Budget. more like this
tabling member constituency Cumbernauld, Kilsyth and Kirkintilloch East more like this
tabling member printed
Gregg McClymont remove filter
uin 195422 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-04-10more like thismore than 2014-04-10
answer text <p>HM TREASURY</p><p> </p><p> </p><p> </p><p>Gregg McClymont MP</p><p> </p><p><strong>CUMBERNAULD, KILSYTH AND KIRKINTILLOCH EAST</strong></p><p> </p><p>To ask Mr Chancellor of the Exchequer, how many people made the maximum allowed contribution to an ISA in each of the last three years; and how many he estimates will do so in each of the next three years as a result of changes announced in the 2014 Budget. 195422</p><p> </p><p>DAVID GAUKE</p><p>In 2010-11, around 1.2 million individuals made full use of their (£10,200) ISA allowance. Figures for more recent years are not yet available.</p><p> </p><p>As announced at Budget 2014, from 1 July 2014 the overall annual New ISA subscription limit will be increased to £15,000 and can be used for either cash or stocks and shares investments, or any combination of the two, up to this limit. Over 6 million people are expected to benefit from these increases, including over 5 million adults currently making full use of the cash ISA limit.</p><p> </p><p>Estimates of the numbers of individuals expected to save at the new limit in each of the next three years are not available.</p><p> </p><p> </p>
answering member constituency South West Hertfordshire more like this
answering member printed Mr David Gauke more like this
question first answered
less than 2014-04-10T12:00:00.00Zmore like thismore than 2014-04-10T12:00:00.00Z
answering member
1529
label Biography information for Mr David Gauke more like this
tabling member
3949
label Biography information for Gregg McClymont remove filter