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End of tax year ISA checklist - five things to check before 5th April

1. ISA 

This year’s ISA allowance is £20,000 so if you haven’t yet reached this limit consider topping up or starting your investment before 5th April.

Remember, even if you’re not able to maximise your allowance, any extra amounts you contribute make a difference!

It’s easy and quick to make extra payments, simply login to your account to either increase your current contribution or make a single payment. 

If you haven’t got an ISA, click to find out more and set up an account. 

ISA

2. Junior ISA 

A Junior ISA is a great way to start building a tax efficient nest egg for the kids!
 
This year’s allowance is £4,260. It’s really easy and quick to start one before the end of the tax year and take advantage of this year’s allowance. Simply click to find out more and set up a Junior ISA. 
 

Junior ISA

3. Lifetime ISA 

If you’re under the age of 40, a Lifetime ISA is a brilliant way to start saving for your first home and benefit from a Government bonus of 25%, up to £1,000 a year.
 
You can contribute up to £4,000 before 5th April so it’s not too late to take advantage of this year’s full allowance. 
 
The Lifetime ISA government bonus has some strings attached. Find out more and set up a Lifetime ISA. 
 

Lifetime ISA

4. Extra retirement funds

Have you already contributed the maximum you can to your pension scheme? 
 
Don’t worry you can still make sure you’re on track with your retirement plans by topping up your ISA instead. When you have maxed out on your pension an ISA makes an ideal tax efficient alternative. 
 

5. Transfers

Do you have other ISAs? Don’t forget you can easily transfer these into your existing Smarterly ISA by logging into your account and choosing the transfer link.
 
You can transfer ISAs throughout the year, but whilst you are topping up your Smarterly ISA why not think about transferring at the same time.
 

Transfer your ISA

This checklist is for information only and should not be taken as personal advice. If you’re unsure whether an investment or savings product is right for you, please seek advice. Also please remember, as with all investments, they can go down as well as up, and you may get back less than you put in.  
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