# Our ISAs are now flexible – what this means for you

**URL:** <https://community.investengine.com/t/our-isas-are-now-flexible-what-this-means-for-you/2068>\
**Category:** Our News\
**Created:** [30 December 2024 14:24 UTC](https://community.investengine.com/t/our-isas-are-now-flexible-what-this-means-for-you/2068 "2024-12-30T14:24:08Z")\
**Posts on this page:** 1\
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**Author:** ![InvestEngine-News](https://dub1.discourse-cdn.com/flex017/user_avatar/community.investengine.com/investengine-news/32/575_2.png) [@InvestEngine-News](https://community.investengine.com/u/InvestEngine-News)\
**Post date:** [30 December 2024 14:24 UTC](https://community.investengine.com/t/our-isas-are-now-flexible-what-this-means-for-you/2068/1 "2024-12-30T14:24:08Z")

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Originally published at: [Our ISAs are now flexible – what this means for you – InvestEngine Insights](https://blog.investengine.com/our-isas-are-now-flexible-what-this-means-for-you/)

It’s been a busy 2024 at InvestEngine, but before we close out the year, we have one final announcement about the service.&nbsp;

**InvestEngine ISAs are now ‘flexible’.** This means that you can withdraw from your ISA and later reinvest that money without further affecting your ISA allowance.

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[Explore the InvestEngine ISA](https://investengine.com/isa/)

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So, imagine you have invested £12,000 in the current tax year, leaving another £8,000 in your available ISA allowance. **With a flexible ISA, you could withdraw £5,000 and later reinvest it, without reducing your remaining allowance** to £3,000 – you’d still have that £8k to play with in the current tax year.&nbsp;

Previously, withdrawing and reinvesting that £5,000 would have further reduced your allowance.&nbsp;

**In a sense, you can now ‘borrow’ from your ISA.** Just bear in mind you have to reinvest the ‘borrowed’ cash within the same tax year for this to apply.&nbsp;

Also, with InvestEngine, remember that you won’t pay a penny in trading fees — not when you sell or when you buy back again.&nbsp;

Flexible ISAs are just another way of making investing more, well, flexible.

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**_Important information_**

_Capital at risk. The value of your portfolio with InvestEngine can go down as well as up and you may get back less than you invest. ETF costs also apply._

_This communication is provided for general information only and should not be construed as advice. If in doubt you may wish to consult a professional adviser for guidance._

_Tax treatment depends on personal circumstances and is subject to change, and past performance is not a reliable indicator of future returns._