UK Statutory Instrument 2018 United Kingdom

The Help–to–Save Accounts Regulations 2018

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At a glance

What's here

5 compliance obligations

What this Act requires

Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.

s.006

Account holder not being in the United Kingdom

  • Notify your Help-to-Save provider if you leave the UK
s.012

Limit on amounts paid into a Help-to-Save account

  • Keep Help-to-Save account deposits within monthly limits
s.013

Amount of Bonus

  • Pay bonuses to Help‑to‑Save account holders within 21 days
s.015

Rejection of bonus claim

  • Notify account holders of bonus rejection within 14 days
s.016

Recoupment of bonus etc.

  • Repay wrongly-paid Help-to-Save bonus to HMRC
Browse 14 other sections — procedural / definitional / commencement
s.001

Citation and commencement

s.002

Interpretation

s.003

Eligible persons – entitlement to working tax credit or universal credit

s.004

Eligible persons-presence in the United Kingdom

s.005

Trial

s.007

Opening of Help-to-Save Account

s.008

Application to open a Help-to-Save account

s.009

Circumstances where eligible person unable to act—receivers

s.010

Circumstances where eligible person unable to act-other appointed persons

s.011

General requirements for Help-to-Save accounts

s.014

Bonus claim

s.017

Payments by and to HMRC

s.018

“Repair” of invalid accounts

s.019

Appeals

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