Help to Save Scheme

(asked on 3rd May 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many and what proportion of Help to Save accounts did not receive a bonus as of 31 December 2022.


Answered by
Andrew Griffith Portrait
Andrew Griffith
Minister of State (Department for Science, Innovation and Technology)
This question was answered on 9th May 2023

The number of Help to Save accounts opened each month up to the end of March 2022 is published in the Annual Savings Statistics: https://www.gov.uk/government/statistics/annual-savings-statistics-2022. The relevant information can be found in tab 2 of the document “Help to Save tables: June 2022”. This information will be updated in the next edition of the Annual Savings Statistics, due to be published on 22 June 2023. HMRC only has data on eligibility on a tax year basis.

The information on the number of Help to Save accounts that did not receive a bonus as of 31 December 2022 and bonus percentiles, including the median, can only be provided at a disproportionate cost.

The proportion of Help to Save accounts that did not receive a bonus in each year since the introduction of the scheme can only be provided at a disproportionate cost.

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