Written Question·Treasury·UIN 76541
Individual Savings Accounts: Fees and Charges
Tabled: 10 September 2025
Answered: 15 September 2025
Question
James McMurdock
Independent — South Basildon and East Thurrock
To ask the Chancellor of the Exchequer, what estimate she has made of the number of Lifetime ISA holders that have paid a withdrawal penalty in each of the last five years.
Answer
Lucy RigbyThe number of Lifetime ISA holders who have made an unauthorised withdrawal and hence, paid a withdrawal penalty for tax years 2020/21 to 2023/24 is available in the Annual Savings Statistics publication, specifically in the Lifetime Individual Savings Ac...
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