How to plan ahead for the new tax year
Using allowances is important, but the end of the tax year is also a natural moment to reset and plan for the next tax year.
How to carry momentum forward
Setting up regular contributions into ISAs or pensions from the new tax year can remove pressure and spread saving and investing more evenly. It will also help you to build good habits and may help to improve your relationship with money.
Why small, consistent actions matter
When investing, consistency often matters more than timing. Regular contributions can smooth market ups and downs. Rather than winning big or losing a lot, your money will grow with the market’s average returns. And market averages matter when it comes to investing.
For example, the average annual return of the Moneybox Balanced Starting Option over the last 10 years was 9.8% – even though the market recorded losses in 2018 and 2022.
Capital at risk. Past performance is not a reliable guide to future gains. You may get back less than you invest.
When saving, small and consistent deposits will help you get into good habits. That’s especially true if you’re trying to do something like build your emergency fund or save for a life event like a wedding.
So, now might be a good time to review your payment settings to set yourself up to start the new tax year on strong footing. 2026 could be the year you get closer to your current goals, or start working on new ones.
Things to keep in mind
You don’t need to optimise everything immediately. Focus on steady progress supported by tax-efficient choices.
Key tax year timings
To get you ready for 5th April, check out our timings for final deposits, transfers, move money, and new account openings.