Policy paper

Individual Savings Accounts: increasing flexibility for savers

This Tax Information and Impact Note applies to Individual Savings Account (ISA) savers, as well as banks, building societies and other financial institutions that offer ISAs.



This measure will allow savers to replace cash they have withdrawn from their ISA earlier in a year, without this replacement counting towards the limit on how much they can save in an ISA for that year. This flexibility will be available to savers subject to the terms and conditions of their ISA.

Published 13 October 2015
Last updated 17 February 2016 + show all updates
  1. This TIIN has been updated to reflect the changes needed to allow replacement of funds in a Help to Buy: ISA).
  2. First published.