Goodbye, Help to Buy ISA
The Help to Buy ISA will be closed to new savers after 30 November 2019.
Nearly 220,000 homes have been bought using the HTBISA since its launch in 2015. The demise of this type of ISA is due to the launch in April 2017 of the Lifetime ISA (LISA), which also incorporates a tax incentive for homebuyers.
The LISA is usually a more attractive option than the HTBISA, but there are circumstances where the HTBISA is the winner. If you, your children or grandchildren have not bought a first home, check with us whether you or they should start a HTBISA before December arrives.
The value of tax reliefs depends on your individual circumstances. Tax laws can change. The Financial Conduct Authority does not regulate tax advice.
The information in this article does not constitute advice and should be used for informational purposes only. This content has been provided to Helm Godfrey by Taxbriefs.