How Flexible are Flexible ISAs?
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I have two flexible ISAs, ISA-A and ISA-B.
I have withdrawn £10,000 from ISA-A during this tax year, and I'm now in a position to replace the money.
I know that I can put the £10,000 back into ISA-A.
Can I put the £10,000 into ISA-B? ISA-B does not accept transfers in.
Thanks
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Quite flexible but not as flexible as you want them to be in this case!
The funds will need to go back into the same ISA that they were withdrawn from.
Cheers
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Do they need to go back into the same fund within that ISA, or once they're back in the ISA can they go anywhere? I suspect the latter, but grateful if you could confirm.
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Hi Mike,
Just into the same wrapper-the investment is irrelevant
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I thought it would be that, but it was worth asking, just in case.
Many Thanks