Lifetime ISAs have been the focus of policymakers’ considerations as they consider how to reform and simplify the UK’s ...
The Lifetime Isa was first unveiled in 2016 as a savings vehicle for people saving for their first home, or their retirement ...
Personal finance experts are encouraging under 40s to act now in order to claim up to £11,000 from the Government tax-free.
In spite of the withdrawal penalties, latest data from HM Revenue & Customs shows Lisas are popular with aspiring homebuyers: 56,900 people used one to purchase their first property in 2023-24.
The saver account was first unveiled in 2016 as a savings vehicle for people saving for their first home, or their retirement ...
Consumer champion Martin Lewis has told MPs there are “major holes” in Lifetime Isas which need fixing. Giving evidence to ...
Experts have said removing the penalty for withdrawing money from a Lifetime Isa could make the product more appealing to ...
Retirement and buying your first home are two of the biggest money milestones a person can experience. Opening a tax-free lifetime Isa allows you to save for either or both of these life events, and ...
It comes as Rachel Reeves mulls a possible raid on cash Isas, which currently allow savers to protect £20,000 of their money ...
There has been intense speculation that the existing £20,000 annual tax-free allowance on cash ISAs will be lowered - ...