Autumn Statement 2015 Reaction: Zero Rate of Tax on £5,000 Interest and ISAs

As in 2015/16, a zero rate of income tax will apply to the first £5,000 of interest in 2016/17. This only applies if income other than from savings and dividends is less than £15,600.

 
The ISA limit will remain at £15,240 in 2016/17.