Made under the Savings (Government Contributions) Act 2017
1 statutory instrument made using powers in the Savings (Government Contributions) Act 2017, newest first. Each one is explained section by section in plain English.
The Help-to-Save Accounts Regulations 2025
- Department: HM Treasury
- Made under: Savings (Government Contributions) Act 2017
The 2025 regulations amended the 2018 Help-to-Save Accounts Regulations by adjusting eligibility criteria for Universal Credit claimants and removing a reference to the national living wage.
The Help-To-Save Accounts Regulations 2025 amend the 2018 regulations governing Help-to-Save accounts.
Key changes include lowering the minimum earned income requirement for Universal Credit claimants to £1 and removing the reference to the national living wage in eligibility criteria.
The amendments aim to simplify eligibility and broaden access to the savings scheme for low-income individuals.