Lifetime ISA allowance and bonus
What is the Lifetime ISA allowance and bonus right now?
The current figure is £4,000/year · 25% government bonus (max £1,000/year) (per year), effective from 2026-04-06 to 2027-04-05, according to HMRC / gov.uk. Last checked against the official source on 2026-08-11.
Open before 40, pay in until 50; counts within the £20,000 overall allowance. Budget 2026 (28 October 2026, read 1 November 2026, https://www.gov.uk/government/publications/budget-2026-document/budget-2026-html): "From midnight 29 October 2026 the withdrawal charge for purchases of properties above the LISA property price cap will be reduced to 20%. The charge for unauthorised withdrawals will remain at 25%." New First Time Buyer ISA to replace the Lifetime ISA for new savers from April 2029 (25% bonus, up to £20,000 of bonus, first home up to £450,000); existing Lifetime ISA holders continue under the current rules.
Cite this figure
The Lifetime ISA allowance and bonus is £4,000/year · 25% government bonus (max £1,000/year) (per year), effective 2026-04-06 to 2027-04-05. Source: HMRC / gov.uk (https://www.gov.uk/lifetime-isa), via UK Rates & Thresholds (rates.trycashpilot.com), checked 2026-08-11.
| Official source | HMRC / gov.uk |
|---|---|
| Valid from | 2026-04-06 |
| Valid to | 2027-04-05 |
| Last checked | 2026-08-11 |
| Machine-readable | JSON for this figure |
History
| Previous values |
|---|
| Unchanged since 2017 launch |