Key timings for the end of the 2024/25 tax year

Moneybox end of tax year timings

For those of you who have been Moneybox customers for more than one tax year, you’ll know that we have a few timings to run through. The 2024/25 tax year ends on 5th April. To get you ready, here are our timings for final deposits, transfers, and new account openings.

Deposits

12pm on Wednesday 26th March 2025: penultimate collection (this will be debited from your linked bank account on 31st March 2025).
12pm on Wednesday 2nd April 2025: final weekly collection (this will be debited from your linked bank account on 7th April 2025). You can still continue to deposit during the 2024/25 tax year after this final weekly collection with an easy bank transfer or manual bank transfer.
11.59pm on Saturday 5th April 2025: cutoff to make easy bank transfers and for us to receive manual bank transfers for the 2024/25 tax year.

Transfers

5pm on Friday 28th February 2025: cutoff for transferring an ISA held elsewhere into a Moneybox Lifetime ISA (LISA).
This cutoff does not apply to ISA to ISA or LISA to LISA transfers – you can do these right up until the end of the 2024/25 tax year.

Move money

5pm on Thursday 3rd April 2025: cutoff for moving money between your Moneybox accounts.

New account openings

3pm, Saturday 5th April: new product opening paused for new Moneybox customers in the 2024/25 tax year for Lifetime ISA, Cash ISA, Stocks & Shares ISA, and Junior ISA.
5pm, Saturday 5th April: new product opening paused for existing Moneybox customers in the 2024/25 tax year for Lifetime ISA, Cash ISA, Stocks & Shares ISA, and Junior ISA.
8am on Sunday 6th April: new product opening resumes for the 2025/26 tax year for Lifetime ISA, Cash ISA, Stocks & Shares ISA, and Junior ISA.

On Sunday 6th April the 2025/26 tax year starts, and your annual tax-free allowance resets to £20,000 – ready for a new year of achieving your goals! For now, check out how much of your allowance you’ve already used in the 2024/25 tax year.

It's important you know

Capital at risk. All investing should be for the longer term. The value of your investments can go up and down, and you may get back less than you invest. Tax treatment depends on individual circumstances and may be subject to change in the future.

A 25% government penalty applies if you withdraw money from a Lifetime ISA for any reason other than buying your first home (up to £450,000) or for retirement, and you may get back less than you paid into your Lifetime ISA.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Payments you make into your pension won’t be accessible until the minimum pension age (currently 55, increasing to age 57 from 2028). Tax treatment depends on individual circumstances and may be subject to change in the future.