Account funding deadlines for Tax Year End

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 (2019/20), these must be made before the end of the 5th April 2020.

Wealthsimple ISA and Junior ISA contribution deadlines for 2020:

Debit Card - 3rd April 2020
Bank Transfer - 3rd April 2020
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 2019/20 tax year as its intended date of collection.

Wealthsimple Pension - Direct Debit payments only

Wednesday 18th March 2020 - 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 Wednesday 18th March 2020.

Friday 27th March 2020 - 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 27th March 2020, 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!