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United Kingdom · Question · Written question

UIN 87713

Individual Savings Accounts

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

15 November 2022

Last action

18 November 2022 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

18 November 2022

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of increasing the Lifetime ISA limit.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 15 November 2022

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of increasing the Lifetime ISA limit.

    Source: Commons

  2. 18 November 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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