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Daily Record
Daily Record
Lifestyle
Linda Howard

Last chance to claim £1,576 free UK Government money before tax year ends

People across Scotland and the rest of the UK are running out of time to claim the £1,576 free money everyone from 18 to 40 is entitled to from the Uk Government.

The money is available thanks to two policies - the Lifetime ISA (LISA) and pension tax relief, however, both of these income boosts reset at the end of the tax year on April 5, which means if you haven't topped up your savings in time, you will lose the chance to claim the cash.

Anyone putting money into a LISA will get 25% added on top by the UK Government on the first £4,000 they save each tax year.

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