Tag Archives: LISA

Lifetime ISA – One for the kids and/or grandkids?

School Fees Planning

Since April 2017, you’ve been able to open a Lifetime ISA if you’re aged between 18 and 40. For every £4 you pay in, the government will add £1. You can pay in a maximum of £4,000 a year to receive the £1,000 bonus from the government, which will be added at the end of […]

The Lifetime ISA

Investing

What was announced in the Budget? The Lifetime ISA (LISA) Introduced from 6th April 2017 to help people, aged between 18 and 39 (at 6/04/17), to save flexibly for the long term and ensure they do not have to choose between saving for retirement and saving for their first home. What does this mean? The […]

Wealthflow : Budget Review 2016

Good News / Bad News

It’s business as usual for pension saving as the Chancellor confirmed there will be no imminent changes to pension tax relief. And the introduction of the new LISA saving vehicle from April 2017 adds another attractive complementary option to the saving landscape. Taken together with cuts in CGT rates, further boosts in income tax thresholds […]