Lambert Roper & Horsfield Limited Accountants Calderdale, Huddersfield
Business Services

Most businesses are very good at providing the products and services that their customers need – but running a business involves much more than that.

Click here to find out more...

Private Clients

The financial world is a complicated place and there are times when you’ll need some expert help.

Click here to find out more...

Wealth Management

When it comes to your finances, taking time out to seek expert advice is always a wise investment.

Click here to find out more...

Specialist Services

We also provide specialist services to a range of other clients.

Click here to find out more...

You are here: Home » Latest News » Government backed tax-free savings plan to help savers earn 50p on every £1

Government backed tax-free savings plan to help savers earn 50p on every £1


The Government has launched a new savings account that offers savers a 50 per cent tax-free bonus on the money they deposit.

The new Help to Save account will offer savers up to 50p for every £1 that they save, which could mean that people could benefit from as much as £1,200 of tax-free money if they save £2,400 over the four years of saving permitted.

Under the rules of the scheme, savers can put away between £1 and £50 every calendar month for up to four years after the date the account is set up. However, they do not have to make deposits every month to benefit from the bonus.

They can then receive a 50 per cent tax-free bonus on their savings after two years, with an additional 50 per cent tax-free bonus after four years.

The account has already been trialled for eight months amongst 45,000 customers who deposited over £3 million.

The Government describes the new account as “easy to use, flexible and secure” and believes it will “encourage savings behaviours and habits” at a time when saving is at an all-time low.

Help to Save will only be available to working people in receipt of Tax Credits or Universal Credit.

Link: Help to Save

The New LRH Client Portal


We are delighted to announce that the LRH client portal (powered by Onvio, a Thomson Reuters company) is now fully operational… Continue reading →

Get in touch!


Telephone: 01422 360788

Email: mail@lrh.co.uk