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Lifetime isa period
JJBROWN92
Posts: 4 Newbie
Hi all,
I opened a Lifetime ISA last week and dropped 4k in.
1. Will i earn the 1k Gov bonus this Tax year i.e. in the next two months?
2. When the tax year resets, am i able to drop another 4k in there or does it work a calendar year after you open the account?
Thanks
I opened a Lifetime ISA last week and dropped 4k in.
1. Will i earn the 1k Gov bonus this Tax year i.e. in the next two months?
2. When the tax year resets, am i able to drop another 4k in there or does it work a calendar year after you open the account?
Thanks
0
Comments
-
Yes, you will earn the £1k government bonus.
Yes, you are able to drop another £4k in, in the next tax year, and receive the £1k government bonus for that tax year too.
Ryan0
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