Flexible and Non-Flexible ISA

masonic

kimwp said:

masonic said:

I fail to see where this could be confusing. If I'm understanding your post correctly, you haven't yet used your 2025/26 allowance at all. You are allowed to use it wherever you like. The fact you've made a flexible withdrawal of previous year funds from an existing ISA makes no difference to that at all. Only the flexibly withdrawn prior year funds must be returned to the same account.

Even if you had paid another £20k into Vanguard this tax year, before flexibly withdrawing £35k, you'd still be able to return £15k to Vanguard and pay £20k into AJ Bell.

I think the OP is just double checking. The rules on ISA's particularly flexible ISAs have changed a lot recently, with very little rhyme or reason.

Triple checking by my count