HMRC publish policy paper on reduced LISA withdrawal charge

Released 14 May 2020

HMRC have published a policy paper covering the reduced Lifetime ISAs (LISA) withdrawal charge of 20%, which applies to unauthorised withdrawals made between 6 March 2020 and 5 April 2021.

View the policy paper at https://www.gov.uk/government/publications/lifetime-individual-savings-account-reduction-of-withdrawal-charge-in-response-to-coronavirus-covid-19.

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