Written Question·Department for Work and Pensions·UIN 46426
Universal Credit: Individual Savings Accounts
Tabled: 17 April 2025
Answered: 23 April 2025
Question
Dr Scott Arthur
Labour — Edinburgh South West
To ask the Secretary of State for Work and Pensions, whether she has considered exempting Lifetime ISAs from Universal Credit capital rules.
Answer
Sir Stephen TimmsThere are no plans to change the way savings held in a Lifetime ISA are treated in the assessment of Universal Credit. It is appropriate that means tested benefits, including Universal Credit, take all forms of savings into account. This includes investme...
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