Flexible cash Isa's rules

tightbloke61

Hi,

I have 2 x Zopa flexible cash Isa's for the years 2023/24 & 2024/25....... I have a zero balance in each, have I now lost the opportunity to put £20,000 back in each one for ever?

I also have a 212 flexible cash Isa for 2025/26 with a zero balance I believe I can put the £20,000 back in before April 6th 2026?

surreysaver

Depends when you took the money out (assuming you put any money in in the first place).

If you withdrew the money during this tax year, you can put it back in this tax year without it affecting this year's allowance

QrizB

I have 2 x Zopa flexible cash Isa's for the years 2023/24 & 2024/25....... I have a zero balance in each, have I now lost the opportunity to put £20,000 back in each one for ever?

When did you take the £20k out of them?

tightbloke61

I took out £20,000 out of both for the tax year's 23/24 & 24/25 ......both were left empty

surreysaver

If they were empty at close of business on 5th April 2025, then no, you cannot put the money back in if you've already contributed £20k to an ISA this tax year (unless it's in a flexible ISA and you remove that money from that ISA)

masonic

On that basis, it is only the T212 ISA you can refill, but as this is a current tax year ISA, you can use your £20k ISA allowance anywhere you like - it doesn't have to go into this ISA specifically.