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ISA flexibility explained

In this one minute video Clare explains how ISA flexibility works, to help you get the most from your ISA allowance.

1 minute view

Who's this for? All investors

The value of investments can fall as well as rise and you could get back less than you invest. If you’re not sure about investing, seek independent advice. Tax rules can change and their effects on you will depend on your individual circumstances.

Hello, I am Clare, Savings and Investments Director at Smart Investor. I am going to talk to you about ISA flexibility. Please be aware though, we cannot offer personal advice so if you do not feel confident about making an investment decision on your own, do seek independent financial advice.

ISAs have been made more flexible for savers and investors over recent years. For example, you can now withdraw money from an ISA and return it in the same tax year, without this counting towards that year's ISA allowance, which is currently £20,000. Let's say, for example, you had already put £15,000 of your £20,000 allowance into an ISA, but take £5,000 out. You could pay that back in plus the £5,000 you have not already used before the end of the tax year.

At Barclays we offer a flexible ISA, but not all providers do, and some may only apply it to specific products so it is worth checking before you open an account if you think it is a feature you might make use of. We have got lots more videos about ISAs and investing on our website, so take a look and find out more about how the rules work.

In these four short videos Clare tells us what an investment ISA is, how much you can save, what you can invest in, and how ISA flexibility works.

They’re all bite sized videos, each roughly one-minute-long to give you a quick overview of ISAs. If you’re looking for some more detailed information, we’ve got lots of articles to help. Here are a few you might be interested in:

What is an investment ISA?

ISA rules explained

Key tax rates, limits and allowances

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The value of investments can fall as well as rise. You may get back less than you invest. Tax rules can change and their effects on you will depend on your individual circumstances.

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Investment ISA

An easy way to start investing

We offer two ways to invest using an Investment ISA (also known as a stocks and shares ISA). Choose your own investments with Smart Investor, or let us make the decisions for you with Plan & Invest. Either way, invest up to £20,000 per year and any returns you make are tax-free1.

Start investing to make the most of those special times to come by using your new 2021-22 ISA allowance in an Investment ISA today. The sooner you begin, the sooner you could grow your money, tax efficiently.

Smart Investor with Clare Francis

In this series of handy investing updates, Clare Francis, director of Savings and Investments for Barclays Smart Investor, sets out to demystify personal investments, cutting through the jargon and helping you to become a smarter investor.

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