Policy paper

Help to Save: what it is and who it's for

A summary of the Help to Save scheme.



Help to Save is a new government saving scheme to support working people on low incomes to build their savings.

Over 4 years, regular savers can deposit up to £50 a month and could receive up to £1,200 in tax-free bonuses.

This page explains:

  • what Help to Save is
  • who it’s for
  • how it works

The scheme will be introduced in 2018.

Published 6 October 2017
Last updated 21 February 2018 + show all updates
  1. The page has been updated with more detail on eligibility conditions.
  2. This paper has been updated to include more detail to reflect current policy.
  3. First published.