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LISA and inheritance - Any upcoming changes?
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Surely giving up the 25% when cashing in the LISA is just returning the money the govt added to the funds you invested. It's not ideal but them's the rules, harsh as they may seem in your case.
You could look on the brighter side that your share in the foreign property must have some value, even if you can't realize it for a while.
I'm also a bit curious as to how such foreign ownership would be recorded in the UK. Is there a registry of such things? (note - I'm not suggesting you deliberately don't declare it).0 -
boingy said:Surely giving up the 25% when cashing in the LISA is just returning the money the govt added to the funds you invested.boingy said:I'm also a bit curious as to how such foreign ownership would be recorded in the UK. Is there a registry of such things? (note - I'm not suggesting you deliberately don't declare it).1
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