For most people, the end of the tax year isn’t a big occasion. Yet when the 2019/20 year tax year starts on the 6 April, it’ll bring several important changes for your money. Many of them are automatic: your income could be boosted, whether by the increasing minimum wage or rising tax brackets. However, the end of the tax year also means the end of several allowances that could reduce the tax you pay – and therefore, save you money. Many don’t roll over, and so not using these allowances by 6 April means you lose them forever.

Here are some top tips:

• Start with ISAs
• Pay into your pension
• Clear out your investments
• Give £3,000 to your kids
• Top up your National Insurance contributions