Plenty of speculation has abounded on ISAs in recent weeks, not least on LISAs and cash ISAs.
We know that the LISA could be in for a revamp, with the Treasury Committee looking at whether it remains fit for purpose. The government is also expected to look at cash ISA changes on its drive to build a British "investment culture". The government would be right to move forwards with LISA changes, not least fiddling with the allowed house price limits for first-time homebuyers or at least revising it so that limit-breachers don't pay back extra. Currently, first time buyers can use put their LISA savings towards a house of up to £450,000. Breach that, and they owe the government b...
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