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Banking Operations

Dáil Éireann Debate, Thursday - 14 January 2016

Thursday, 14 January 2016

Questions (28)

Terence Flanagan

Question:

28. Deputy Terence Flanagan asked the Minister for Finance if there are any plans to introduce individual savings accounts, similar to those in the United Kingdom; and if he will make a statement on the matter. [1271/16]

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Written answers

While all taxation measures are kept under review, there are no immediate plans to introduce a scheme similar to the UK's Individual Savings Account (ISA)  scheme in Ireland.

However, the National Treasury Management Agency, through An Post, offers a number of State Savings products, including Savings Bonds and Savings Certificates, which are tax free, subject to certain conditions.  

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