There are only a few days left for you to use your ISA allowance of £20,000. When you put your money into an ISA, you don’t pay any tax on interest earned. But fail to use your allowance before the end of this tax year – Thursday, April 5 – and you’ll lose it.
Funds deposited do not have to be invested before April 5 to keep this year’s ISA allowance.
Please remember that if you want to deposit cash via bank transfer into LandlordInvest’s property-backed Innovative Finance ISA (IFISA), you will need to complete the process by 5pm on Thursday 5 April to ensure you don’t miss the deadline.
You may find further ISA guidance on GOV.UK.
Our blogs are for information purposes only. This content is not financial, legal or tax advice. Should you require any advice in relation to the earnings you make from LandlordInvest we recommend seeking independent professional advice. The information in this blog is correct at the time of posting.