The tax year ends on the 5th April 2025, so you need to make sure any money you want to put into your Lifetime ISA is processed by then. This might mean the last date you can transfer money into your Lifetime ISA is before the 5th of April.

For example, with the Tembo Lifetime ISA, you have until 9pm on the 5th April 2025 to add money to your account as a one-off contribution in order for it to be processed by the tax year end.

If you’d rather add money to your Lifetime ISA via monthly direct debit, the 21st March 2025 is the last date you can set up a brand new direct debit, or edit the amount or change the date of an existing one. That’s because the last direct debit collection date for this tax year is the 1st April 2025.

Although the tax year doesn't technically end until the 5th April, these deadlines mean we can make sure we have time to process and log your LISA payments for this tax year. Any payments made after 5pm on the 4th April won't be processed before tax year end.

👉 Read more about Lifetime ISAs and the tax year here.

Direct debit contributions that were collected after 1st April won't make the 2024/2025 tax year. The deadline to have chosen that contribution date was 21st March at midnight. This is because changes to direct debits can only be made 5 or more working days before the collection date.

Your bonus takes 4-6 weeks to actually land in your account, but providing you made the contribution before the 5th April at 9pm, it won't impact your 2025/2026 allowance. That's because the allowance is tied to the date the funds are paid in, not the date your bonus lands.
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