on the description says ISA is flexible I said let’s try it with 100gbp. moved it to CFD account and back but now my ISA says 200 as used. most probably from what I understand ISA became flexible but USED is not really working properly on the APP ? thanks

where does it say that the T212 ISA is now flexible. I thought it was going to be made flexible by end of May (hopefully) but I’ve seen nothing to say that’s happened

Thanks. I have seen no T212 comment in the forums or elsewhere that the change to make it flexible had happened. That clearly says that it has. I would contact/ask T212 for comment and I’d love to know the answer. Also, I think T212 definition on the screenshot that you provided is wrong (but I’m j…

This is the definition of Flexible ISA from the Nationwide website (just the first source I looked at): “You can withdraw funds from current and previous years’ deposits. However, you need to pay the money back in during the current tax year in order for it not to count towards your current year’s …

@Bogi.H can you or @Momchil.G clarify this

The rules are on www.gov.uk . For example search for “How to manage ISA subscriptions”.

The “How to manage ISA subscriptions” page that stehuk refers to is pretty clear. There is also the covering memo uksiem_20160016_en.pdf (legislation.gov.uk) If you really want to see the detail you’ll have to look through the relevant sections of the legislation but here’s the main section: The In…

As far as I know… For now: no Is it coming: yes and this year as well. According to 212 the flexibility will start once the cash ISA goes live, and both of them will be flexible from that date.

I think I recall a post saying it would happen when they introduced the cash ISA. In reality I think the change to make a S&S ISA flexible is minimum. From what I’ve read it is basically just a change in the T&Cs for the ISA that’s it but in reality it would also need a very very simple change to th…

[image] WakeMeUp: the maths and code are extremely simple) Agree in principle, but as users could potentially switch between Cash & S&S ISA, it will come. We think it’s simple, but it needs to total up deposits + withdrawals from 2 products, reset logic every tax year, and work for however m…

Is ISA flexible or not?

🤝 Help

TInvest May 18, 2024, 8:38am 7

I’ve never seen any official wording to confirm either way whether that is possible.

Is there an HMRC definition somewhere? Where are the ‘official’ rules published?

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Is ISA flexible or not?

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