Lifetime ISAs explained
Lifetime ISAs were launched on 6 April 2017. You can save up to £4,000 a year into the LISA as a lump sum or by putting in cash when you can. Then the state will add a 25% bonus on top. So if you save £1,000 you'll have £1,250 and if you save the full £4,000 you'll have £5,000. And that's before interest or growth. Here are the details:
The bonus is paid until you hit age 50, and is paid monthly - once in your account it counts as your money. You'll be paid interest on it too.
The bonus is paid on contributions – so what you put in (so for cash LISAs interest doesn't count; for shares LISAs whether the investment grows or shrinks is irrelevant to the bonus).
The maximum bonus is £33,000 (unless the rules change). To get that you'd need to open one on your 18th birthday and keep contributing the maximum £4,000 each year until you are 50.
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Tax benefits of a stocks & shares ISA:
Placing investments inside an ISA wrapper provides three tax advantages:
No tax on profits. You don't have to pay any capital gains tax on profits made from share price increases.
Invest outside an ISA and any profits made above the annual capital gains tax allowance (£11,700 for 2018/19) would be subject to tax at 18% for basic-rate taxpayers and 28% for higher-rate and additional-rate taxpayers. You make a profit when you sell a share for more than you bought it for.
No tax on interest earned on bonds. You get to keep it all.
No tax on dividend income. Inside an ISA, you don't pay tax on dividends. Outside an ISA, you'd get a £2,000 dividend income allowance, and above that basic-, higher- and additional-rate taxpayers would pay 7.5%, 32.5% and 38.1% respectively.
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E que tal em vez de darem noticias para atrasados mentais começarem a informar as pessoas disto ? Andam a escravizar gerações neste País com PPPs e similares enquanto os outros enriquecem cada vez mais
