Martin Lewis has issued a reminder so that as many people as possible take advantage of an extra £1,000 from the government.
He warned that the deadline was looming with just days left to claim. The money mogul urged savers to “use or lose” their ISA allowances before the end of the current tax year, before April 5.
If you have a Lifetime ISA, you can put away £4,000 each year and the government will give you a 25% bonus on top of the cash you save. A cash ISA account is a savings product where you don’t pay tax, up to a limit of £20,000 for the 2021/22 tax year, reported The Mirror.