Is there a difference between buying a Accumulating ETF and instantly reinvesting income from a Distributing ETF within an ISA? Don’t take into account fees of reinvesting, these would be covered by an Alpha account.
Does reinvesting impact the ISA allowance? (I’m assuming that income is distributed into the ISA account/wrapper)
I don’t expect it to be taxed if inside the wrapper, but don’t want to lose allowance vs buying Accumulating ETFs.
Main reason I’m asking is to buy index funds and Freetrade currently only has distributing versions of the ETFs.