A quick question for Freetrade/community- Will ISA accounts be ‘flexible’? As in, money withdrawn from the ISA is added to the Tax Free Allowance.
ISA allowance £20,000
£5,000 subscribed to Freetrade ISA. Remaining allowance £15,000
£2,000 withdrawn from Freetrade ISA. Remaining allowance is £15,000 but would be £17,000 in a Flexible ISA.
I don’t know how set account properties are at this point but it would be interesting to hear the other members’ opinion on this and whether such a feature would be appreciated.