020 7189 9999
Opening hours
Mon - Fri: 7.45am to 6pm (Thurs 8pm)
Sat: 9.30am - 1.30pm
Request a call back
  • Home
  • News
  • ISA deadline - are you a late entrant or an early bird?

ISA deadline - are you a late entrant or an early bird?

ISA deadline – are you a late entrant or an early bird?

The deadline to use your ISA allowance is on the same day each year, 5 April. We’ve been helping people with their savings and investments for a long time and we’ve seen many 5 Aprils come and go. What we’ve noticed is that ISA savers fall into one of two groups – the late entrants and the early birds. Which one are you?

Better three hours too soon than a minute too late

Late entrants are those who haven’t yet invested their full 2015/16 £15,240 ISA allowance. There certainly isn’t anything wrong with that, but you should make sure that you don’t leave it until the last minute on 5 April to invest and secure it.

We’ve seen some horrors in our time, where people have invested mere moments after the deadline and have subsequently missed out on using their full allowance. Remember that if you’re still deciding where to invest, you can always secure your allowance in cash and then pick your funds at a more convenient time.

It’s never too early for an early bird

ISA early birds wait patiently until the 6 April rolls around. When the late entrants log off and go to bed, the early birds are ready to get started on making the most of their new allowance.

Why be prepared? Well, your investments will grow tax-efficiently for longer and the earlier you invest, the more of a boost your investments are likely to get from compounding, the snowballing effect that happens over time as your earnings generate more earnings.

Our top ISA investment ideas

Our new guide features some of our top fund picks for your ISA. For the late entrants still deciding where to invest, it’s incredibly useful – with highly rated funds all in one place, securing your ISA allowance and investing before the deadline couldn’t be easier.

And for the early birds, why not get a head start now? Draw up a list of all the funds in our guide that you like and then invest your ISA allowance when 6 April finally arrives. Download the guide today.

Discover our award-winning ISA

Bestinvest was voted Best Self-select ISA Provider by the Financial Times and Investors Chronicle in 2015. Find out more about our ISA and open one here today.

The value of your investment can go down as well as up, and you can get back less than you originally invested.

The Bestinvest Online Investment Service, including any account analysis and investment reports provided by our guidance services, is an online execution-only dealing service for investors who want to make their own investment decisions. It does not provide advice on the suitability of products and investments; if you are unsure about the suitability of any investment you should seek professional advice. Clients of our Investment Advisory Service and Managed Portfolio Service can use the website to obtain current valuations of their investments but cannot trade on these accounts online and should call their adviser if they wish to discuss changes to their investments.

Past performance or any yields quoted should not be considered reliable indicators of future returns. Restricted advice can be provided as part of other services offered by Bestinvest, upon request and on a fee basis. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Issued by Bestinvest (Brokers) Limited (Reg. No. 2830297), which is authorised and regulated by the Financial Conduct Authority. Financial services are provided by Bestinvest (Brokers) Limited and other companies in the Tilney Bestinvest Group, further details of which are available here. This site is for UK investors only.
© Tilney Bestinvest Group Ltd 2016.

Version: RC1027.44113