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Dáil

Written answer

Banking Operations

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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Michael Noonan Minister for Finance Fine Gael

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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