
The Budget made no mention of the Lifetime ISA penalty. Photo: HM Treasury/Flickr CC BY-NC-ND 2.0
All the action in todays’ Budget 2021 lay elsewhere as the small print revealed ISA annual subscription limits remain unchanged for 2021-22.
The current £20,000 limit for adult ISAs will continue into the next tax year, as will the £9,000 maximum contribution to Junior ISAs and Child Trust Funds. The Budget also made no mention of the Lifetime...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.