‘Last-minute dash’ to make Isa arrangements ahead of new tax year on Thursday

Savers are making the most of their allowances and putting final arrangements in place ahead of the 2023-24 tax year, which starts on April 6.

Savers are making last-minute arrangements ahead of the new tax year on Thursday (Joe Giddens/PA) (PA Archive)

Savers are making last-minute arrangements ahead of the new tax year on Thursday.

The annual contributions limit for Isas will remain frozen in the 2023/24 tax year, from April 6, at £20,000.

Sarah Coles, head of personal finance at financial services provider Hargreaves Lansdown, said: “Every year we see a last-minute dash, as customers are keen to use this year’s Isa allowance before they lose it forever.