Your Guide to ISA Picks and Tax Planning

SPECIAL REPORT: Investors have just one month left of the 2017/18 tax year - have you got your personal portfolio in order?

Emma Wall 5 March, 2018 | 1:32PM

You have just one month before your use-it-or-lose it tax-free investment allowances are gone for good. April 5 is the final day of the 2017/18 tax year; if you have not used your ISA and SIPP allowances before then, you will lose the opportunity to shield that cash from the tax man. 

The ISA allowances this year are more generous than ever before; £20,000 for adults and £4,128 for children. The self-invested personal pension, or SIPP, allowance is £40,000 for the year, and £1 million over your lifetime.

Around £2.5 billion is expected to be sheltered from tax in the last week of the tax year - 14% of all ISA applications.

Short of ideas? We’re here to help, revealing the top rated and top performing stock and fund ideas.

But it is not just SIPP and ISA allowances that the end of the tax year whisks away. April 5 also often proves the deadline to reduce your tax bill in other ways; charitable giving, enterprise investment schemes, salary sacrifice or cash gifts to family.

This week Morningstar.co.uk brings you the A to Z of legitimately minimising your tax bill and maximising your investment portfolio. If in doubt, always consult a financial adviser, but get cracking - you only have 31 days to go.

Monday: Investing Basics

New to investing? Or need a re-cap? We explain how to get started

What is an ISA?

What is a Pension?

What is a Fund?

What is a Stock?

What is a Bond?

Tuesday: ISA Investments

The best paying cash ISAs, fund and stock picks for adults and children

Savers Miss Out on £30bn of Income

Will Interest Rates Rise this Month?

Junior ISA Fund Picks from the Professionals

Investor Views: "My JISA is Up 30%"

Investec's 3 UK Income Stock Picks

Wednesday: Pension Planning

Workplace savings, SIPPs and the State

Prepare for Changes to Your Workplace Pension

Millennials Invest in Robotics to Fund Retirement

Killik's Top Stock Picks for Income

HMRC Sees Record Year for Pension Saving

Will Young Workers Get the State Pension?

Thursday: Tax Efficient Investing

Investments free from CGT and income tax

3 Tips to Legally Reduce Your Tax Bill

Don't Forget Your Capital Gains Tax Allowance

How to Reduce Your IHT Bill

Friday: Estate Planning

Legally reduce your tax bill before the end of the year

Back to Basics: Estate Planning

Why Pensions are Vital to Estate Planning

Hammond Urged to Be Bold in Spring Statement

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

About Author Emma Wall

Emma Wall  is Senior International Editor for Morningstar