Draft legislation published for comment
Draft legislation amending the Individual Savings Account (ISA) Regulations to establish the lifetime ISA is available.
They will amend the ISA Regulations SI 1998/1870 from 6 April 2017 and also increase the annual limit from £15,240 to £20,000.
They also includes rules on the government bonus.
Comments on the draft regulations should be emailed to savings.audit@hmrc.gsi.gov.uk by 6 January 2017.