If I empty my Help To Buy ISA can I use it again? 23 August 2016 at 5:21PM edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings 1 reply 817 views

jde-tv

Hello

I have £1500 in my Help to buy ISA, but I need the money for something else. If I take it out, can I fill the ISA up again at some point? Thanks

masonic

Yes, but only subject to the £200 monthly limit.

If you want to make use of the initial £1000 lump sum deposit, you would need to start again with a new account. This is possible if you close your existing HTB ISA and 'self-transfer' to a new one. You can do that once in the same tax year, or you can wait until the next tax year and start again.