Withdrawing some money from a previous years isa

dld2s

I can't find if this has been askd before.

I have opened a ISA with NS&I BS for this year for a regular saving amount, but now discover I have to take money from two older ISAs I have with Nationwide and GCU totalling around £2000, this is to go towards the purchase of a new car, does this come off the allowance I can now save for this year, ie can now only put away £1600 in new isa, or do I still have the full allowance as this money is coming from ISAs saved from previous years?

cheers all

RayWolfe

No. If you take the money from prior years, it does not affect this years amount. It will still be 3.6K (or 5.1K if you are older).
Of course, you will not be allowed to replace the money you are taking out.