Time is running out to take advantage of this year’s Individual Savings Account (ISA) allowances. You get one ISA allowance per tax year. The ISA deadline is fast approaching, so use it or lose it, when the tax year ends on 5 April.
Any unused ISA allowance will not be rolled over into the new tax year. On 6 April when the new tax year starts, if you haven’t used all of your or your children’s ISA allowances from the previous tax year, they will be lost forever.
Want to know more about investing in an ISA? Your ISA questions answered.