Petition · HM Treasury
ISA allowance to remain £20,000 and abolish any idea of an allowance decrease.
Rejected
9 signatures
What the petition asks
Ensure/guarantee that the current ISA allowance remains as £20,000 per person per year across all ISA's. Abolish any and all ideas of reducing it.
There are rumours that the government will reduce the ISA allowance to an insulting total of £4,000. This will not benefit the working, lower middle and middle class, as it's the only tax efficient way to save and invest with the current £20,000 allowance. The allowance include the lifetime ISA and if they were to change will create even more disparity between the old and rich and the young and poor who are only just trying to find their feet/build a life in this country.
Why it was rejected
There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.
You may wish to sign this petition which calls for a similar action: Do not lower or remove the £20,000 annual cash ISA allowance
Timeline
| 1 Mar 2025 | Petition opened for signatures |
| 24 Apr 2025 | Rejected by the Petitions Committee |
Key facts
Signatures
9
Status
Rejected
Department
HM Treasury
Rejected
24 Apr 2025
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Source: the official petition page. Last checked 1 Sep 2026.