How to boost your finances before the end of the tax year

• The end of the UK tax year (April 5) is a crucial time for savers to review and optimise their finances.
• People should maximise contributions to Individual Savings Accounts (ISAs) and Junior ISAs before the cut-off to benefit from tax-free growth.
• Those planning to buy a first home should consider a Lifetime ISA, which offers a 25 per cent government bonus on deposits up to £4,000 annually.
• Savers can also take advantage of tax relief on pension contributions, which can significantly enhance long-term savings.
• You should also ensure you’ve maximised your state pension by addressing any gaps in National Insurance contributions before the April 5 deadline.

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Five-point checklist all savers should do before the end of the financial year