United Kingdom · Question · Written question
UIN 11275
Individual Savings Accounts: Fees and Charges
Original
Introduced
24 January 2024
Last action
31 January 2024 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
31 January 2024
Summary
To ask the Chancellor of the Exchequer, whether his Department plans to reduce the Lifetime ISA withdrawal penalty.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
24 January 2024
Written question
To ask the Chancellor of the Exchequer, whether his Department plans to reduce the Lifetime ISA withdrawal penalty.
Source: Commons
31 January 2024
Answer
The Lifetime ISA (LISA) is designed to support people to achieve the aspiration of homeownership, or to build up savings for their later life. LISA funds, including any Government bonus, can be withdrawn for the purchase of a first home under £450,000, in...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2024-01-24/11275
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1684826
- uk · wq-1684826 · source updated 31 January 2024