Resolution Foundation

Proposals on Limiting ISAs

The views expressed in this article are those of its author and not necessarily those of ShareSoc. The Resolution Foundation has released a report looking at “the Government’s policies to encourage household saving”, it particularly focuses on ISAs and notes that capping ISAs could raise £1bn in tax for the Treasury.   https://www.resolutionfoundation.org/publications/isa-isa-baby/  The report proposes a cap on ISAs of £100k but is unclear if that’s a cap on total contributions or a cap on the total value of an ISA.  At one point ...