In order to help savers withdraw funds for a purpose other than house purchase, the government have reduced the Lifetime ISA (LISA) withdrawal charge from 25% to 20%.
You may be thinking that now is not a good time to start investing your money. However, if you have large sums of money available, that is only sat in a bank account, today may well be the best time to invest.
Are you a higher rate taxpayer? We’ve put together some legitimate ways you can use to minimise your tax bill.
Rather than buying yet more toys for your children or grandchildren, why not consider setting up a tax-efficient Junior ISA for them?
We’ve answered some typical questions we get asked about how to best use the ISA allowance to help make the most of the opportunities as this tax year draws to a close.
Children born this year could become millionaires by their 43rd birthday if their families contribute to a pension for the first 18 years of their lives.