Hi I only have previous years cash Isa. I have not used any of this years allowance. If i withdraw and then a few months later, before the end of year, pay it back in. Will it use up this years allowance. or will it go back into the previous year and leave my full current allowance? Thanks Tβ¦
Hey, @terryterry
Due to the flexible nature of our ISAs, withdrawing funds and depositing them back to your account before the end of the current tax year will not impact your allowance for the current year. Once you withdraw funds, the ISA utilisation bar will also be updated to reflect the total amount you can deposit back.
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