• 01 Apr 2016

From April 2017, individuals between the ages of 18 and 40 will be able to open a Lifetime ISA (LISA) and save up to £4,000 a year. For savings made up to the age of 50, the Government will add a bonus of 25% of the amount saved. The savings and bonus can be used towards a deposit on a first home worth up to £450,000; two first-time buyers can each use their LISA when buying a home together. Alternatively, the accumulated savings can be taken out free of tax after the age of 60. Withdrawals will be possible before this age, but the bonus (together with interest and growth on this) will be lost and there will be a 5% charge.

Personal Taxes
Previous post
Employees
Next post

24 thoughts on “Lifetime ISA”

  1. Wow, marvelous blog layout! How long have you been blogging for?

    you make blogging look easy. The overall look of your website
    is fantastic, as well as the content! asmr 0mniartist

  2. Hey excellent blog! Does running a blog such as this
    require a great deal of work? I have no knowledge of computer programming but I had been hoping to start
    my own blog soon. Anyhow, should you have any recommendations or techniques for new blog owners please share.
    I understand this is off subject but I just had to ask. Thanks!

    asmr 0mniartist

  3. I am really impressed along with your writing abilities and
    also with the format for your weblog. Is that this a paid subject matter or did you customize it yourself?

    Anyway stay up the excellent high quality writing, it’s uncommon to
    peer a nice blog like this one these days..
    asmr 0mniartist

  4. I got this site from my friend who informed me concerning
    this site and at the moment this time I am visiting this web site and reading very informative articles at this time.

  5. If some one wishes to be updated with most up-to-date technologies afterward he must be pay a visit this site and be up to date every day.

  6. Hi there! This post could not be written any better!

    Reading through this post reminds me of my good old room mate!
    He always kept chatting about this. I will forward this article to him.
    Pretty sure he will have a good read. Many thanks for
    sharing!

  7. Hey! Do you use Twitter? I’d like to follow
    you if that would be ok. I’m definitely enjoying your blog and look forward to new updates.

  8. I all the time used to study post in news papers but now as I am a user of
    web therefore from now I am using net for content,
    thanks to web.

  9. A person essentially lend a hand to make significantly articles I would state.
    This is the very first time I frequented your website page and up to now?
    I surprised with the research you made to make this particular put up amazing.
    Excellent task!

Leave a Reply

Your email address will not be published.