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Tax year end

Below, you’ll find the key dates and information to help you navigate the end of the tax year efficiently.

Pension, ISA and GIA contributions

Contributions for the 2025/26 tax year must be received into our bank account by close of business on 2 April 2026. The supporting contribution expectation and/or any documentation must also be keyed on the platform or received via email/post by this deadline.

Contributions can be made via Direct Debit, direct credit (bank transfer), or cheque.

Please note: The deadlines for making payments are outlined in the section below. Some deadlines are earlier than 2 April 2026.

Important: If we receive either the funds or the supporting documentation after the deadline, the contribution will not qualify for the current tax year.

Stylised illustration of a desktop calendar with pot plant sitting beside it. In red and teal colouring
Stylised illustration of a desktop calendar with pot plant sitting beside it. In red and teal colouring

Payment methods

Direct Debit Mandates

Direct Debit is the most effective way to move monies into your clients’ accounts and execute any investment instructions.

New Direct Debit Mandates (DDM) that need to be set up before the end of the tax year must be keyed onto the Platform, bank account authorised, and DDM received by the Scottish Widows Platform via email or post by 12 March 2026.

Existing Direct Debit Mandates will continue as they are currently set up.

Direct Credit / Bank transfer

We must receive the payment by close of business on 2 April 2026, to ensure it is matched on our records.

Bank transfers can take up to five working days, depending on the bank. We recommend contacting the bank in advance of making the payment.

Please ensure the client’s account is open on the platform, the payment is made to the correct bank account, and the full reference, including the sub-account reference, is completed. For example: EM1234567-001

Bank account details:

Bank: Metro Bank
Account Name: EISL Client Collections Account
Account Number: 21862465
Sort Code: 23-05-80

If we are unable to match funds to the client’s account, the funds will be returned.

Cheque payments

Please make cheques payable to ‘SCOTTISH WIDOWS PLATFORM’, with the client’s account reference specified on the back of the cheque. For example: EM1234567-001.

We also accept cheques made payable to ‘EMBARK INVESTMENT SERVICES LIMITED’ or EISL CLIENT COLLECTIONS ACCOUNT’, provided the client’s account reference is specified on the back.

Cheques should be sent to the following address by 23 March 2026:

Scottish Widows Platform
PO Box 24065
1 Tanfield
Edinburgh
EH3 1EY

Funds can take up to five working days to clear using this payment method. For more details on the cheque clearing process, please contact your client’s bank directly.

Bed & ISA

Red Scottish Widows bed and ISA icon showing a stack of coins with small up and down arrows appearing from the top and sitting alongside a plus symbol
Red Scottish Widows bed and ISA icon showing a stack of coins with small up and down arrows appearing from the top and sitting alongside a plus symbol

GIA to ISA

Bed & ISA (GIA to ISA) instructions should be completed on or before 22 March 2026 to ensure the process completes in the current tax year. We’ve created a guide to Bed & ISA for your convenience.

Pension withdrawals and income

Pension withdrawals
and income

UFPLS/One-off pension income

Monies cleared in cash within the pension (including any investment sale proceeds) and requests keyed on the platform by 11am on 24 March 2026. This allows 5 business days for a one off payment or UFPLS to complete by the 2 April 2026.

PCLS

Monies cleared in cash within the pension (including any investment sale proceeds) and requests keyed on the platform by 11am on 2 April 2026.

Regular pension income

For new or regular income amendments, input or changes keyed and relevant funds cleared in the cash account by 17 March 2026.

ISA / GIA withdrawals and payments

ISA / GIA withdrawals
and payments

ISA / GIA withdrawals and internal payments

Monies cleared in cash within the ISA / GIA (including any investment sale proceeds) and requests keyed on the platform by 11am on 2 April 2026.

Bank holidays

Payments to clients

If a scheduled payment falls on a bank holiday, it will be processed on the previous working day.

  • Any income payments due between 3 – 6 April will be brought forward and paid on 2 April.
  • This means income payments due on 6 April, the first day of the new tax year, will be made on the last working day of the current tax year (2025/26).

Client contributions

If a scheduled contribution date falls on a bank holiday, it will be collected on the next working day.

  • Any contributions due between 3 – 6 April will be collected on 7 April.
  • This means contributions will be collected in the new tax year (2026/27).

Please note: Friday 3 April, and Monday 6 April 2026 are bank holidays, which may impact some payments.

Adviser Support Hub
Visit the Support Hub for essential guidance and resources to help you work more efficiently.

Visit the Support Hub for essential guidance and resources to help you work more efficiently.

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Need to get in touch?
Our teams are on hand to answer your queries via phone, email or live chat through the Scottish Widows Platform.
Our teams are on hand to answer your queries via phone, email or live chat through the Scottish Widows Platform.
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Tax year end insight
You can find a range of additional insights and guidance on our Maximising annual allowances page.

You can find a range of additional insights and guidance on our Maximising annual allowances page.

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