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Stock and Share LISA and Stock and Share ISA
whitewolf07
Posts: 2 Newbie
Hi,
I know there are S&S ISA, Lifetime ISA, Innovation Finance ISA and Cash ISA but:
Are Stock and Share LISA and Stock and Share ISA two different type of ISA?
Also if S&S LISA is same type as Cash LISA?
I know that you can only pay into one type of ISA per year. I already have S&S ISA, but I was wondering if I could open S&S LISA to take advantage of the scheme.
I know there are S&S ISA, Lifetime ISA, Innovation Finance ISA and Cash ISA but:
Are Stock and Share LISA and Stock and Share ISA two different type of ISA?
Also if S&S LISA is same type as Cash LISA?
I know that you can only pay into one type of ISA per year. I already have S&S ISA, but I was wondering if I could open S&S LISA to take advantage of the scheme.
0
Comments
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Yes, S&S LISA is a subtype of 'Lifetime ISA' and S&S ISA is its own separate type.whitewolf07 said:I know there are S&S ISA, Lifetime ISA, Innovation Finance ISA and Cash ISA but:
Are Stock and Share LISA and Stock and Share ISA two different type of ISA?
Yes, they're both Lifetime ISAs so you could only pay into one or the other but not both, in any tax year.whitewolf07 said:Also if S&S LISA is same type as Cash LISA?
Yes, you can, as they're different types.whitewolf07 said:I know that you can only pay into one type of ISA per year. I already have S&S ISA, but I was wondering if I could open S&S LISA to take advantage of the scheme.0
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