If you’ve been meaning to “sort your finances out,” this is your gentle nudge — the tax year is about to wrap up, and you’ve basically got a week left to make the most of your ISA allowance before it resets.
So, quick refresher — what’s an ISA?
An ISA (Individual Savings Account) is one of the simplest ways to keep more of your money. Any interest, dividends, or gains you make inside it are completely tax-free. No faff with HMRC, no declaring it — it’s just yours.
And the key bit: you get a £20,000 allowance per tax year. Use it or lose it. It doesn’t roll over.
Best ISA rates right now (rough guide)
Rates are still pretty decent at the moment, especially for cash ISAs:
- Easy access cash ISAs: up to 4.68%
- Fixed-rate ISAs (1 year): up to 4.4%
- Stocks & Shares ISAs: no “rate” as such, but long-term returns often beat cash (with more risk, obviously)
Rates are changing daily so here are a couple of comparison websites showing you the best rates
Best cash ISAs: up to 4.68% easy access, up to 4.48% fixed - MSE
Compare our best cash ISA rates | money.co.uk
Final thought
One week left- 5th April. Use the allowance. Future you will be glad you did.
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