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Evening Standard
Evening Standard
Vicky Shaw

45,000 Lifetime Isa savers hit more than once in a year with withdrawal charges

Lifetime Isa savers face a 25% charge from an unauthorised withdrawal (Gareth Fuller/PA Archive) - (PA Archive)

Around 45,000 Lifetime Isa (Lisa) savers were hit with unauthorised withdrawal charges more than once in 2024–25, according to HM Revenue and Customs (HMRC) figures.

The figure, which was rounded to the nearest 100, was obtained by money app Plum following a freedom of information (FOI) request.

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