Amid the market mayhem caused by the coronavirus, it has been easy to forget that a new tax year has just begun and that means your £20,000 annual Individual Savings Account (Isa) allowance has reset.
During the most painful sell-off in over a decade, the temptation might be to steer clear of the stock markets. But the current turbulence shouldn’t put you off making the most of the tax breaks that come from using up your Isa allowance. Remember use it or you lose it.
Here are 5 tips for making the most of your Isa during the coronavirus sell-off: