HTB vs LISA

Justcurious77
Justcurious77 Forumite Posts: 1 Newbie
in ISAs & tax-free savings
Is it possible to transfer my HTB into my LISA?  
Or can I put 4 k into my LISA  and also 4 k into my HTB in the same tax year?  

Comments

  • masonic
    masonic Forumite Posts: 21,473
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Forumite
    edited 13 September at 5:58AM
    Neither. You can transfer up to £4k per tax year from HTB ISA to LISA or you can pay up to £4k into your LISA from elsewhere. You can also pay up to £200 per month into your HTB ISA, which is less than £4k per year. You can only use one of these towards your first home.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 338.9K Banking & Borrowing
  • 248.7K Reduce Debt & Boost Income
  • 447.6K Spending & Discounts
  • 230.8K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 171.1K Life & Family
  • 244K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards