ISA Deadline day – Top up your ISA
Please note this blog post was published over 12 months ago and so may not include the most up-to-date information, for example where regulation around investing has changed.
Rebecca Thomas explains ISA deadline day. The countdown is on, the deadline is midnight on April 5.
Make sure to top up your True Potential Investor Stocks & Shares ISA before ISA deadline day on April 5. Your tax allowance for the current year is £20,000, and you’ll lose this allowance at midnight on April 5, it can’t be rolled over into the next tax year.
By investing now, you can start topping up again with a clean slate in the new tax year beginning on April 6th.
Topping up your investment is easy with True Potential Investor. You’ll find impulseSave® on the True Potential Investor app, allowing you to top up your accounts on the go from as little as £1. You can then track your investment 24/7. You can also do this by logging into your account on tpinvestor.com.
By using up your ISA allowance, you can achieve maximum tax efficiency for your investments. With an ISA, you do not pay any Capital Gains Tax or Income Tax on any income generated, apart from dividends on ISA investments.
Investments left in an ISA will continue to reap tax-free benefits. Investing as much as you can each tax year, and keeping this investment for the long term, could help you to grow your money towards your goals.
Our Stocks & Shares ISA benefits from being invested in our Fully-Managed Investment Portfolios, which are managed by our expert in-house investment team. Our fund partners have access to 9,000 experts in 200 locations, ensuring your investment is globally diversified. Do more with your money and top up today.
