LISA Bonus

FoleyFoley

i have just opened a LISA and im currently able to save on average more than the 4k per year limit, im looking to buy a house in around 18 month time, would it be possible after 12 month transfer a lump sump into the LISA to benifit from my full second years bonus?

Nuggy96

You can put £4k in 19/20 tax year so have to deposit before 5th April 2021, then you can put in another £4k for 2021/22 tax year. So you get £2k bonus overall

FoleyFoley

Thank you 

badger09

Nuggy96 said:

You can put £4k in 19/20  20/21 tax year so have to deposit before 5th April 2021, then you can put in another £4k for 2021/22 tax year. So you get £2k bonus overall

Fixed that for you