United Kingdom · Question · Written question
UIN 105564
Individual Savings Accounts: Fees and Charges
Introduced
7 December 2022
Last action
14 December 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
14 December 2022
Summary
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of (a) reducing and (b) ending the penalty charge for early withdrawal from a lifetime ISA.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
7 December 2022
Written question
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of (a) reducing and (b) ending the penalty charge for early withdrawal from a lifetime ISA.
Source: Commons
14 December 2022
Answer
The Lifetime ISA is intended to support younger people saving for their first home or for later life by offering a generous government bonus on up to £4,000 of savings each year. These funds, including the government bonus, can be used to purchase a first...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-12-07/105564
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1549566
- uk · wq-1549566 · source updated 14 December 2022