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Posted Mon, 26 Aug 2024 13:46:01 GMT by Orla98 Oliver
Hello, My father passed away and I inherited the house. I plan to sell it once legal aspects are sorted. I have been saving for my first home for the last 5 years. Will I be able to use my LISA for my first home? Some clarification on this would be highly appreciated. Thanks
Posted Wed, 04 Sep 2024 07:23:23 GMT by HMRC Admin 25
Hi Mark,
Yes.  In order to calculate the annual benefit that will appear in the tax code, we use annual figures in all cases.
Thank you. 
 

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