Question follow-through · 50101

Individual Savings Accounts

To ask the Chancellor of the Exchequer, what estimate she has made of the annual cost to the Exchequer of the Lifetime ISA in terms of (a) reduced tax revenue and (b) value paid bonus payments in (i) 2024–25 and (ii) 2025–26.

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: 6 May 2025
Target answer date: 13 May 2025
Answer: 13 May 2025 · 7 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

6 May 2025
Question tabled
To ask the Chancellor of the Exchequer, what estimate she has made of the annual cost to the Exchequer of the Lifetime ISA in terms of (a) reduced tax revenue and (b) value paid bonus payments in (i) 2024–25 and (ii) 2025–26.
13 May 2025
Target answer date
Date supplied by the official written-questions record.
13 May 2025
Answer published
The cost of the tax relief element of the Lifetime ISA is included within tax relief cost of all ISAs, which can be found in the Non-structural tax relief statistics publication, specifically table 5.16. A forecast of estimated bonus paid is published wit...

Open official record

Official data retrieved 28 Sept 2026.

Later records

Possible follow-up questions

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Strong linkSame MP, department and exact heading

Individual Savings Accounts

7 May 2025 · To ask the Chancellor of the Exchequer, what information her Department holds on usage of the Lifetime ISA by region; and if she will make an assessment of the potential impact of the Lifetime ISA price cap on prospective first-time buyers in each region.

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Pensions Investment Review

7 May 2025 · To ask the Chancellor of the Exchequer, whether she is making an assessment through the Pensions Investment Review of the potential merits of mandating pension fund providers to invest in British stocks and shares.

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Cryptoassets: Regulation

7 May 2025 · To ask the Chancellor of the Exchequer, what assessment she has made of the readiness of the Financial Conduct Authority to (a) implement and (b) enforce the proposed regulatory regime for cryptoassets by the proposed commencement date.

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Cryptoassets: Regulation

7 May 2025 · To ask the Chancellor of the Exchequer, whether she plans to make an assessment of the potential impact of new regulated activities for cryptoassets on (a) UK-based and (b) overseas firms offering services to UK consumers.

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Cryptocurrencies

9 May 2025 · To ask the Chancellor of the Exchequer, whether qualifying stablecoin issuers will be subject to (a) capital and (b) liquidity requirements under the provisions in the draft Financial Services and Markets Act 2000 (Regulated Activities and Miscellaneous P

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Fujitsu: Trader Support Service

5 Jun 2025 · To ask the Chancellor of the Exchequer, what assessment her Department has made of Fujitsu’s suitability to bid for the Trader Support Service, in the context of the failures of the Horizon system.

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Bank Services: Regulation

19 Jun 2025 · To ask the Chancellor of the Exchequer, whether she plans to bring forward legislative proposals to regulate open banking under the Data (Use and Access) Act 2025.

Unreviewed candidateSame MP and department; topic relationship is unreviewed

Financial Services

19 Jun 2025 · To ask the Chancellor of the Exchequer, whether she plans to consult on bringing forward legislative proposals to introduce open finance under the Data (Use and Access) Act 2025.

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Digital Assets

19 Jun 2025 · To ask the Chancellor of the Exchequer, what steps her Department is taking with the Financial Conduct Authority to help ensure that digital sovereign instruments issued by the Digital Securities Sandbox are fully interoperable with existing (a) financial

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Digital Assets

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Unreviewed candidateSame MP and department; topic relationship is unreviewed

Soft Drinks: Taxation

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Digital Assets

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