HM Revenue and Customs (HMRC) publishes the estimated cost of the income tax exemption of Interest on National Savings Certificates including index-linked certificates here:<\/p>
https://www.gov.uk/government/statistics/main-tax-expenditures-and-structural-reliefs<\/a>. Figures of the population benefitting from this relief are not held.<\/p> <\/p> HMRC publishes the estimated cost of the income tax exemption of junior individual savings account savings, Child Trust Fund account savings, life annuities interest, and life insurance premiums here:<\/p> https://www.gov.uk/government/statistics/minor-tax-expenditures-and-structural-reliefs<\/a>. Figures of the population benefitting from these reliefs are not held.<\/p> <\/p> Information on the number of individuals saving into Junior ISAs is published here: https://www.gov.uk/government/statistics/number-of-individual-savings-accounts-isas-amounts-subscribed-to-each-component-and-average-subscription<\/a><\/p> <\/p> Information on the number of Child Trust Funds saved into in previous years can be found here: https://www.gov.uk/government/collections/child-trust-fund-statistics<\/a><\/p> <\/p> The numbers of savers is not the same as the number of individuals benefitting from tax relief, as most of these individuals would not be taxpayers even if they saved into normal (not tax advantaged) accounts due to their age and other allowances.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/3918", "label" : {"_value" : "Biography information for Jane Ellison"}
}
, "answeringMemberConstituency" : {"_value" : "Battersea"}
, "answeringMemberPrinted" : {"_value" : "Jane Ellison"}
, "dateOfAnswer" : {"_value" : "2017-02-02", "_datatype" : "dateTime"}
, "groupedQuestionUIN" : [{"_value" : "62176"}
, {"_value" : "62205"}
, {"_value" : "62206"}
, {"_value" : "62207"}
], "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2017-02-02T16:47:02.3Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "CaTreasury"}
, "date" : {"_value" : "2017-01-30", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Individual Savings Accounts: Tax Allowances"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask Mr Chancellor of the Exchequer, how many people have received income tax exemption for junior individual savings account savings in (a) 2013-14 and (b) 2014-15.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4396", "label" : {"_value" : "Biography information for Rebecca Long Bailey"}
}
, "tablingMemberConstituency" : {"_value" : "Salford and Eccles"}
, "tablingMemberPrinted" : [{"_value" : "Rebecca Long Bailey"}
], "uin" : "62208"}
, {"_about" : "http://data.parliament.uk/resources/681153", "AnsweringBody" : [{"_value" : "HM Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/681153/answer", "answerText" : {"_value" : " HM Revenue and Customs (HMRC) publishes the estimated cost of the income tax exemption of Interest on National Savings Certificates including index-linked certificates here:<\/p> https://www.gov.uk/government/statistics/main-tax-expenditures-and-structural-reliefs<\/a>. Figures of the population benefitting from this relief are not held.<\/p> <\/p> HMRC publishes the estimated cost of the income tax exemption of junior individual savings account savings, Child Trust Fund account savings, life annuities interest, and life insurance premiums here:<\/p> https://www.gov.uk/government/statistics/minor-tax-expenditures-and-structural-reliefs<\/a>. Figures of the population benefitting from these reliefs are not held.<\/p> <\/p> Information on the number of individuals saving into Junior ISAs is published here: https://www.gov.uk/government/statistics/number-of-individual-savings-accounts-isas-amounts-subscribed-to-each-component-and-average-subscription<\/a><\/p> <\/p>