What is a Flexible Stocks and Shares ISA?

Written by Eleana Ntagia

Updated: 2024-12-09 15:16:50

In a flexible Stocks and Shares ISA, you can withdraw funds at any time. The key feature is that you can replace any amount you withdraw within the same tax year without affecting your annual contribution limit.

If you withdraw £1,000, you can contribute an additional £1,000 later in the same tax year without it counting against your £20,000 limit. This allows for greater flexibility in managing your investments.

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