We have now introduced an individual ISA allowance screen, enabling you to see individual client’s contributions and identify opportunities for top-ups.
Previously, if you wanted to access this information, you would have had to run a full ISA allowance report, but you can now do this on a bespoke basis, helpful when you are seeing clients and wish to discuss their ISA and tax circumstances.
This new screen is available via the ‘Available ISA allowance’ button on the portfolio dashboard, and also when adding new payments…
This follows an announcement by government in 2015 which led to the creation of the flexible ISA. This allowed your clients to replace withdrawals and adviser charges taken out of their ISA, without the replacement contributions counting towards their annual ISA subscription.
From 6 April 2016, all Zurich’s existing ISAs became flexible ISAs.