As you may be aware, the financial year runs from 6th April to 5th April every year.

Therefore, if you would like your contributions to count towards the current tax year (2020/21), these must be made before the end of the 5th April 2021.

Wealthsimple ISA and Junior ISA contribution deadlines for 2021:

Debit Card - 5th April 2021
Bank Transfer - 5th April 2021
Direct Debit - Must be setup for the payment to be collected on 5th April at the latest. Even if the payment is collected after this date, the payment can count towards the 2020/21 tax year as its intended date of collection.

Wealthsimple Pension - Direct Debit payments only

Friday 19th March 2021 - If this is the first ever payment to your pension.
The first direct debit payment takes 10 business days to process. Therefore, if you have not paid into your pension before, your deadline for payments to ensure they reach your pension before the tax year end is Friday 19th March 2021.

Friday 26th March 2021 - If you have previously made direct debit payments to your pension.
You will need to make sure that you submit a one-off contribution payment by the close of business on Friday 26th March 2021, as it takes 5 business days to process.

Wealthsimple personal account

There is no limit on the amount you can contribute to a personal account so don’t worry about any deadlines for contributions to your Wealthsimple personal account!