Business

Savers in Government's Lifetime Isa hit with multiple penalties for withdrawing their own cash - with some facing £11,000 in charges

Daily Mail Money · 8 October 2026 at 16:14

Savers in Government's Lifetime Isa hit with multiple penalties for withdrawing their own cash - with some facing £11,000 in charges

Tens of thousands of Lifetime Isa savers are being penalised for multiple withdrawals of their own money, new HMRC data has shown.

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Savers in Government's Lifetime Isa hit with multiple penalties for withdrawing their own cash - with some facing £11,000 in charges

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