Submitted on Friday 21st February 2025
Rejected on Wednesday 23rd April 2025
Current status: Rejected
Rejection code: duplicate (see below for details)
Retain the existing £20000 per tax year cash ISA allowance
I wish the UK government to retain the annual £20000 allowance for cash ISAs so that savers earn interest that is free of tax.
Cash ISAs are extremely popular, don’t need simplifying, and the existing allowance means interest earned on already taxed deposits to be free of further taxation. Prudent savers that choose not to invest in longer term but riskier stocks and shares ISAs should be free to do so.
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The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
You may wish to sign the following petition, which calls for similar action:
Do not lower or remove the £20,000 annual cash ISA allowance
petition.parliament.uk/petitions/718599
216.73.217.179 Tue, 23 Jun 2026 16:30:25 +0100
