Understanding the Tax Advantages of Lifetime ISAs Compared to Other Tax-Efficient Investment Vehicles
Introduction to Lifetime ISAsThe Lifetime ISA, often referred to as the LISA, is a uniquely British savings and investment product designed to help individuals build long-term financial security. Launched by the UK government in 2017, the Lifetime ISA offers a tax-efficient way for UK residents to save either towards their first home or for retirement.…