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Lifetime Isa savers hit with £11,000 penalties by the taxman - here's why

Some aspiring first time-buyers are being slapped with penalties as high as £11,000 for Lifetime Isa withdrawals, data shows. Around 74,000 savers were hit with Lifetime Isa penalties between 2022 and ...

Will cash ISA allowance be slashed to £10,000 in Budget next month?

Rumours of the cash ISA being cut first started circulating earlier this year, with the Chancellor under pressure to ...
IFA Magazine

New report finds LISA has generated £1 billion net return with Govt making £1.45 for every £1 spent

The Lifetime ISA (LISA) has delivered a £1bn net boost to the Treasury since 2021, according to new independent analysis by ...
THE WEEK

Lifetime Isa: is the government-backed tax-free savings product worth it?

A government-backed tax-free savings scheme to help first-time buyers and pension savers has come under fire amid fears that consumers could end up losing money. The Lifetime Isa (Lisa) lets people ...