Monday, April 3, 2023

A Lifetime ISA Is Ideal For First Time Property Buyers To Earn £1,000 Ta...

A Lifetime ISA Is Ideal For First Time Property Buyers To Earn £1,000 Tax Free Bonus

Use or lose your £1,000 tax free bonus before 5 April...

First-time property buyers can use a Lifetime ISA (Individual Savings Account) to buy their first home or save for retirement.

You should be 18 or over but under 40 to open a Lifetime ISA.

Watch video version - https://youtu.be/T4N8Drjy9ng

You can invest up to £4,000 each year, until you’re 50, but you must make your first payment into your ISA before you’re 40.

The UK government will add a 25% bonus to your savings, up to a maximum of £1,000 per year.

See full details on government website.

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