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LISA question
MrsR1234
Posts: 45 Forumite
Hubby and I are looking at actually starting to save rather than keep saying we are! I think the lifetime isa suits our needs better but I'm a bit confused on one thing
If we open a new isa prior to April can we pay in say £2/3k with potentially another £4k in the new tax year? Or can we put only £4k in during the first 12 months, despite it spanning two tax years?
Must appreciated, as my head is feeling very full and confused! :rotfl:
If we open a new isa prior to April can we pay in say £2/3k with potentially another £4k in the new tax year? Or can we put only £4k in during the first 12 months, despite it spanning two tax years?
Must appreciated, as my head is feeling very full and confused! :rotfl:
Total savings 2018- £7450 (includes Lisa bonus)
2019:
Regular Saver: £0.00
LISA: £0.00
2019:
Regular Saver: £0.00
LISA: £0.00
0
Comments
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Hubby and I are looking at actually starting to save rather than keep saying we are! I think the lifetime isa suits our needs better but I'm a bit confused on one thing
If we open a new isa prior to April can we pay in say £2/3k with potentially another £4k in the new tax year? Or can we put only £4k in during the first 12 months, despite it spanning two tax years?
Must appreciated, as my head is feeling very full and confused! :rotfl:
It's £4k per tax year as counts towards your total annual ISA limit.
https://www.gov.uk/lifetime-isa0
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