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Posted Wed, 11 Oct 2023 13:30:59 GMT by
Hi I have just opened and paid into 2 CASH ISAs , not realising I could not do this. Can you advise me what to do please?
Posted Mon, 16 Oct 2023 09:29:16 GMT by HMRC Admin 5 Response
Hi

You can only have one cash ISA in each tax year.  If both were opened in the same tax year, you will need to contact the second ISA provider for them to close it down.  
If you opened a second cash ISA, but in a different tax year to the first, then that is fine.  
Have a look at Individual Savings Accounts (ISAs)

Thank you

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