Paying into a LISA just before you need the money to purchase a property
in ISAs & tax-free savings
4 replies 127 views
My daughter will be buying her first property in April. She has a LISA. The LISA rules allow her to make a £4,000 payment to her LISA in the 2023-24 tax year and receive a £1,000 bonus. Does she need to delay her purchase until the bonus has been paid into her LISA, or is it sufficient that she makes the £4,000 payment, and then withdraws what's there to fund the purchase? If the latter, can she then just withdraw the £1,000 when it arrives? Thanks.
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