LISA S&S + S&S ISA

Lord_e55ex

Forgive me if this has been asked a billion times.  I am looking at opening a LISA S&S, but I was wondering if this would prohibit from opening a bog standard S&S ISA As well?

From what I can read, what you pay in aside, you can open both a Cash ISA and LISA Cash ISA in the same tax year and pay into both.

masonic

Lifetime ISAs are a separate type of ISA, so you can subscribe to one alongside a cash ISA, a S&S ISA and an IF ISA.

george4064

masonic said:

Lifetime ISAs are a separate type of ISA, so you can subscribe to one alongside a cash ISA, a S&S ISA and an IF ISA.

What Masonic said. 👍

Aphilpot

masonic said:

Lifetime ISAs are a separate type of ISA, so you can subscribe to one alongside a cash ISA, a S&S ISA and an IF ISA.

Just to clarify, Do both cash and S&S LISAs exist? 

Could you have a Cash LISA + S&S LISA + Cash H2B + S&S ISA? 

masonic

Aphilpot said:

masonic said:

Lifetime ISAs are a separate type of ISA, so you can subscribe to one alongside a cash ISA, a S&S ISA and an IF ISA.

Just to clarify, Do both cash and S&S LISAs exist?

Could you have a Cash LISA + S&S LISA + Cash H2B + S&S ISA?

Cash and S&S LISAs have never really existed. There is only one type of Lifetime ISA. Providers have restricted the LISAs they offer to exclude S&S or pay no interest on cash, creating the notion of 'cash' and 'S&S' LISAs. You could have a cash LISA and a S&S LISA, since you can have more than one LISA, but you can only pay new money into one of these per tax year.