Letās say i contribute 10k to an isa with one provider and 15k within t212 flexible isa. Thatās 25k. And then in march next year i withdraw 5k from the t212 flexible isa which brings it back to 20k. Would that mean that i havenāt breached any rules since i ended the year within the 20k limit? Or the fact that at some point i went over the 20k limit means i have breached the rules?
Put the following question into Google Gemini and youāll get the answer: āWhen the HMRC reconciles the use of ISA allowances at end of tax year, will it detect a temporary exceeding then correction within the year?ā