Save As You Earn

(asked on 14th November 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether he has any plans to review the six-month contribution holiday for Save As You Earn schemes; and if he will make a statement.


Answered by
Steve Barclay Portrait
Steve Barclay
Secretary of State for Environment, Food and Rural Affairs
This question was answered on 21st November 2017

Employees saving into a Save As You Earn scheme may suspend their monthly payments for up to a maximum of six months during the savings period. The Government keeps all aspects of the tax system under review and any changes to eligibility conditions of the scheme would be announced by the Chancellor at a fiscal event.

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