Lifetime ISA bonus?

andy6161

My daughter wants to transfer part of her H2B ISA to a Lifetime ISA. If she does that now, a few days before the end of the tax year, and the transfer takes a couple of weeks or more to go through (i.e won't appear in the account until into the new tax year), will she still be eligible for the bonus on this year's amount? 

masonic

The transfer would need to complete before the end of the tax year in order for her to claim the 2023/24 bonus. Alternatively, if she won't be using all of her annual ISA allowance, she could withdraw from the H2B ISA and pay directly into the Lifetime ISA herself, which would be much quicker.