Saving Gateway Accounts Bill
10:45 am
Matthew Wakefield: In terms of what it rolls into, I agree that the option of a simple cash account is probably a good idea. Apart from the issues around disclosure of information that I am not fully on top of, I do not see why, if it is possible to organise, it should not be an ISA that is tax free—just a cash ISA that operates as a cash savings account. That would be a sensible strategy. The money that comes from your saving gateway may not count against your ISA limits in the year that it rolls in. That would be sensible. So, maybe, I slightly differ from Teresa.