Pensions and savings allowances remained unchanged or increased in line with CPI.
The increases apply from 2019/20 and are:
Lifetime allowance for pensions: The lifetime allowance for pension savings will increase in line with CPI for 2019-20, rising to £1,055,000 (2018–19: £1,030,000).
Starting rate for savings: unchanged. The band of savings income that is subject to the 0% starting rate will be kept at its current level of £5,000 for 2019-20.
Individual Savings Account (ISA): the adult ISA annual subscription limit for 2019-20 will remain unchanged at £20,000. The annual subscription limit for Junior ISAs for 2019-20 will be uprated in line with CPI to £4,368 (2018–19: £4,260).
Child Trust Funds: the government will publish a consultation in 2019 on draft regulations for maturing child trust fund accounts. The annual subscription limit for child trust funds for 2019-20 will be uprated in line with CPI to £4,368 (2018-19: £4,260).