This could be a real dumb question but...

I've an isa that I've not really used. I've reregistered it to activate it again so no issue there. Its a cash ISA

My question is - I read on the Martin Lewis site that if I put 4000 in before April 6, then it's topped up by 25 per cent by government. Is this right? Is it as simple as that?

Do they simply add it in or do I have to apply for it? There's no mention of it on the barclays website.

Thanks for any help

In reply to Post #1
Let me get this right.... There are people starving to death in the world and the wage the taxpayer gives you to accumulate 4k savings is insufficient, so you take 25% more from the pot? (*sarcasm)
Martin Lewis can **** off though the ****.

In reply to Post #2
You're a funny man noj



Imagine how much more help I can be if I redistribute a bit of government wealth...

Any serious responses are also welcome of course

In reply to Post #3
I expected morality

*those people selling hemp shopping bags and tie dyed tunics don't put anything back in the system either so the redistribution only goes so far

In reply to Post #4
I'm sure there's tax on purple dye ...

Is this just your way of diverting attention from you not knowing the answer?

I can promise that there's a genuine reason behind my asking so it doesn't mess with your view of the carp forum universe

In reply to Post #5
Unless it's going on an 80” tv and subscription for Ukrainian cable I don't really want to hear it

In reply to Post #1
That doesn't sound right for a cash ISA.
I'm no expert but have you got a link to the MSE where he says that.

In reply to Post #7
It does sound a bit too good to be true but I'm not a financial expert

Link here

Sorry its not clickable I'm out on my phone

https://www.thesun.co.uk/money/18074683/martin-lewis-warning-days-left-free-cash-isa/

In reply to Post #7
Just looked a bit more

Cash isa is rubbish

Lifetime isa is good but I'm way too old for that and you can't open one for kids

Thread done thanks all

In reply to Post #9
Cash ISA's were good when you had to pay tax on interest..
Now you can earn up to £1000 in interest before paying tax on it, coupled with that Cash ISA rates a generally lower than normal savings account makes ISA not worth it for most people.
I learnt that from Martin Lewis
You are better off taking the money out of the ISA and sticking it in a savings account. If you don't need for a while stick it in a notice savings account.
I learnt that from Martin Lewis as well.

In reply to Post #1
What you are talking about is a Help To Buy ISA, only available to first time buyers, helps youngster's get on the housing ladder.

In reply to Post #10


Yeah... me too