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Junior SIPP?

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  • cloud_dog
    cloud_dog Posts: 6,322 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 10 April 2019 at 10:09AM
    Kenhere wrote: »
    "Obviously getting the 20% tax relief if you are not even a tax payer at age 18-21 because you are still in full time education is positive."

    20% tax relief so this refers to SIPP not LISA? Is there something significant about the age 18 - 21 about paying into a SIPP or limits, or special rules for being in (or not being in) higher education?
    Pension/LISA both benefit by the same percentage 'uplift', 25% (for a BRT).

    Nothing specific, no.

    I think Bowlie was merely indicating that obtaining tax relief/bonus whilst not paying income tax is a significant positive all round, and one you rarely find during your adult life with HMRC.
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • Kenhere
    Kenhere Posts: 29 Forumite
    Thank you all.
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