Question follow-through · 7371

Individual Savings Accounts

To ask the Chancellor of the Exchequer, if she will (a) increase the Lifetime ISA property value limit and (b) reduce the early access penalty for Lifetime ISAs at the next Budget.

answeredTreasury

About this written question

A written question asks a government minister for information in writing. Parliament publishes the question and any answer.

Answering body
Treasury
Tabled
4 Oct 2024
Target answer date
8 Oct 2024
Answer
14 Oct 2024 · 10 calendar days after tabling

Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.

More questions by this MP on Economy and business

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Recorded timeline

  1. 4 Oct 2024

    Question tabled

    To ask the Chancellor of the Exchequer, if she will (a) increase the Lifetime ISA property value limit and (b) reduce the early access penalty for Lifetime ISAs at the next Budget.

  2. 8 Oct 2024

    Target answer date

    Date supplied by the official written-questions record.

  3. 14 Oct 2024

    Answer published

    Data from the latest UK House Price Index demonstrates that the average price paid by first-time buyers remains below the LISA property price cap in all regions of the UK.Any unauthorised withdrawals are subject to a 25% withdrawal charge. This recoups th...

Open official record

Official data retrieved 27 Sept 2026.

Later records

Possible follow-up questions

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21 Oct 2024 · To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of a separate duty charge for wine for each 0.1% of ABV.

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Wines: Excise Duties

21 Oct 2024 · To ask the Chancellor of the Exchequer, if her Department will make an estimate of the administrative cost to wine sellers of the an alcohol excise duty regime based on taxing wine by strength.

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Wines: Excise Duties

21 Oct 2024 · To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact on small and medium-sized wine traders of the introduction of a tax-by-strength alcohol excise duty regime within one year.

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Small Businesses: Business Rates

19 Jun 2025 · To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of changes to business rates on small independent businesses in Chelsea and Fulham constituency.

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Small Businesses: Business Rates

19 Jun 2025 · To ask the Chancellor of the Exchequer, what steps her Department is taking to support small businesses in (a) high-rent areas and (b) Chelsea and Fulham constituency, in the context of recent changes to business rates.

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Small Businesses: Business Rates

19 Jun 2025 · To ask the Chancellor of the Exchequer, whether her Department plans to introduce additional support measures for small businesses affected by increases in business rates in London boroughs.

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Business Rates: Chelsea and Fulham

19 Jun 2025 · To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of changes to business rates on the long-term viability of high streets in Chelsea and Fulham constituency.

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Small Businesses: Business Rates

19 Jun 2025 · To ask the Chancellor of the Exchequer, whether she plans to hold discussions with (a) the Mayor of London and (b) local authorities in London on the potential impact of changes to business rates on (i) small and (ii) independent retailers.

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Business Rates: Reform

19 Jun 2025 · To ask the Chancellor of the Exchequer, what progress she has made on reforming the business rates system.