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What happens to my Help To Buy ISA Bonus if i transfer to a LISA
cairnsyyy
Posts: 12 Forumite
Hello,
I currently have a Help To Buy ISA which currently has £4800.
I have opened a Skipton LISA account and added the £1 recommended.
When I transfer the Help To Buy ISA to the LISA next year, what happens to the government bonus? (currently £1200 on £4800)
May be a daft question, but can't find the answer anywhere.
I currently have a Help To Buy ISA which currently has £4800.
I have opened a Skipton LISA account and added the £1 recommended.
When I transfer the Help To Buy ISA to the LISA next year, what happens to the government bonus? (currently £1200 on £4800)
May be a daft question, but can't find the answer anywhere.
0
Comments
-
Hello,
I currently have a Help To Buy ISA which currently has £4800.
I have opened a Skipton LISA account and added the £1 recommended.
When I transfer the Help To Buy ISA to the LISA next year, what happens to the government bonus? (currently £1200 on £4800)
May be a daft question, but can't find the answer anywhere.
Nothing happens to it. Your Help to Buy ISA funds become LISA contributions which attract a 25% bonus at the same time as other LISA contributions.0
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