The 2022/23 tax year ended on 5th April 2023 at 3PM. The 2023/24 tax year has now started, and it runs from 6th April 2023 until 5th April 2024. Any deposits made will count towards the 2023/24 tax year.

2022/23 tax year

Our final collection of the 2022/23 tax year took place on 5th April at midday. The collection was taken via Direct Debit – this usually leaves your bank account the following Monday, however due to the bank holiday, the final collection will be debited on Wednesday 12th April and be added to your balance by the end of the day on Thursday 13th April.

2023/24 tax year

The first collection of the 2023/24 tax year will be on 12th April at midday. Anything collected on this date, will then be debited on 17th April and count as a contribution in the new 2023/24 tax year.

You can also make an instant bank transfer for the 2023/24 tax year from 8am on 6th April for any deposits over £100.

If you have any questions around the tax year end deposit timings, please get in touch with our support team via the in-app chat.