Why are our deadlines earlier this year?
This year, the end of the tax year (5 April) falls on Easter Sunday. Combined with bank holidays and provider closures over the Easter period, this significantly reduces the number of working days available to process financial transactions.
To help ensure everything is completed smoothly and on time, contributions into pensions, ISAs and other investments, as well as withdrawals, need to be submitted earlier than usual. Providers often require additional processing time, particularly at one of the busiest points in the financial calendar.
That’s why we recommend:
• Payments into pensions, ISAs and investments by 23 March
• Payments out by 16 March
Planning ahead helps avoid unnecessary delays and ensures your instructions can be processed within provider timelines.
If you’re considering making a contribution or withdrawal before the end of the tax year, we encourage you to speak to your adviser as soon as possible.
