UK rules · isa.lifetime
Lifetime ISA
Annual limit, government bonus, withdrawal charge and age limits.
Validated v1UKIn force 6 April 2026 onwards
| limit | £4,000 |
| max bonus | £1,000 |
| bonus rate | 25% |
| open before age | 40 |
| pay in until age | 50 |
| withdrawal charge | 0.25 |
| first home price cap | £450,000 |
“You can put in up to £4,000 each year, until you're 50. You must make your first payment into your ISA before you're 40. The government will add a 25% bonus to your savings, up to a maximum of £1,000 per year. ... You'll pay a withdrawal charge of 25% ... the property costs £450,000 or less”
Source: HMRC: www.gov.uk/lifetime-isa · checked 6 October 2026 · page last updated 8 November 2024
Version history
No changes have been published since the dataset was first verified.