Stay on course for your goals – your annual checklist
2025/26 Tax Year End
Each tax year brings valuable opportunities to potentially grow and protect your wealth, but many of these allowances can’t be carried forward once the year ends. Taking a little time to review your finances can make a real difference over the long term. Your adviser can help you identify which allowances apply to your situation, how to use them effectively, and whether any carry-forward opportunities remain. Regular reviews also ensure your plans continue to reflect your goals and changing circumstances.
Your annual checklist
1. Have you used your full ISA allowance of £20,000?
2. Are you making the most of your pension contributions, including any unused allowance from the past three years?
3. Have you reviewed your gifting and inheritance plans and used your £3,000 annual exemption?
4. Have you realised investment gains or dividends up to your Capital Gains Tax (CGT) and dividend allowances?
5. If you’re married or in a civil partnership, are you taking advantage of the marriage allowance or both partners’ investment allowances?
6. Have you made any charitable donations under Gift Aid or updated your will?
7. Do you know your State Pension forecast and whether you need to fill any National Insurance gaps?
Talk to your adviser
A few small checks at the start or end of the tax year can help you keep more of what you’ve earned and support those who matter most. Your adviser is here to help you make the most of your allowances, plan with confidence and stay on course for your long-term goals.
You can reach speak to one of our advisers at info@thepennygroup.co.uk or on 0207 061 2345.
An ISA is a medium to long term investment, which aims to increase the value of the money you invest for growth or income or both. The value of your investments and any income from them can fall as well as rise. You may not get back the amount you invested.
HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen.
Approved by The Openwork Partnership on 25/02/2026