ISA deadline 2026: last chance to use your allowance
Each tax year, your ISA allowance resets, giving you a fresh opportunity to make the most of it.
For the 2025/26 tax year, you can invest up to £20,000 tax-free. But once the deadline passes, any unused allowance is lost and cannot be carried forward.
If you’re considering using your ISA allowance this year, timing starts to matter more as the deadline approaches.
Why the ISA deadline matters
ISAs remain one of the most tax-efficient ways to invest or save in the UK.
But in practice, many investors leave decisions until the final days of the tax year.
With ongoing discussion around potential ISA changes, and continued pressure on real returns, now is a sensible time to step back and review how your allowance is being used.
For some, that means looking beyond cash savings or market-based investments, and considering options that are designed to generate income.
A different way to use your ISA allowance
An Innovative Finance ISA (IFISA) is one way to use your ISA allowance, allowing you to earn tax-free interest by investing in business loans through FCA-regulated platforms like FOLK2FOLK.
At FOLK2FOLK, these investments are secured against UK land and property, with investors receiving fixed monthly interest, paid tax-free within the ISA.
Don’t miss your 2025/26 allowance
If you’re planning to use your ISA allowance this year, there are a few straightforward ways to do it:
- Add funds to an existing ISA
- Open a new ISA
- Transfer an existing ISA
The key is ensuring funds are received before the deadline
If you’re considering opening a FOLK2FOLK IFISA, it’s worth being aware of our earlier processing deadline.
To ensure funds can be allocated within the 2025/26 tax year, funds must be received into your FOLK2FOLK ISA account by 5pm on Thursday 2nd April.
Any funds received after this point will be allocated to your 2026/27 allowance instead.
Once the ISA deadline passes, your 2025/26 allowance is gone.
If you’ve been meaning to review how your ISA is working for you, now is a good time to take action and make sure everything is in place.
