Colleagues at the Yorkshire Building Society branch in Tenby are opening their branch on Saturday, April 6 to help savers make the most of the first day of the new tax year.

The Yorkshire Building Society in Tenby is not usually open at weekends, but has arranged to be open especially for the first day of the new tax year.

The branch, situated at Tower House in the town’s Tudor Square, will be opening from 9am to 12 noon on Saturday, April 6, for existing members and new customers looking to open a new Individual Savings Account (ISA) for the new year. The team will be on hand to provide information on ISAs as well as opening new accounts.  Existing customers will also be able to visit the branch to pay in and top up their existing ISAs.

Opening an ISA on the very the first day of a new tax year means savers accrue tax-free interest on their account from the very earliest point in time.

In recent years, the first day of the tax year has seen demand for new Yorkshire Building Society accounts more than double. The mutual organisation is opening all of its branches to meet customer demand and to give customers a choice of how to open an account - online, in-app or in person and so they can find out more about their options.

Director of savings at Yorkshire Building Society Chris Irwin said: “We know the first day of a new tax year is an important one for our customers so by opening our branches on the Saturday we hope savers will be able to take advantage and make their annual tax-free subscription count from day one.

“Helping people to save is a key part of our purpose at Yorkshire Building Society, offering customers a choice of access is vitally important.   Making the first day of the new tax year accessible for our customers in a way that best suits them, be that in one of our branches, online or via our app, supports our aim to continue to provide real help to our customers and members.”