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Ep 96: The big 4-0: Financial things to do before you turn 40!

Medics Money podcast

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How to Set Up a Lifetime Licens

Lice accounts can be set up between the ages of 18 and 39 years of age. Each tax year, you can invest up to four thousand pounds in a lifetime iser. The government will then top this up with a 25 % bonus, up maximum of one thousand pounds per year. So if i put four thousand pounds into my licer, then the government wold put 25 % of that amount in as well,. And my total licer for the year will be five thousand pounds. It's very juicy. We're not givin you much advice, sir. We're just sayand you might want to consider setting one upIf you haven't done so already.

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