Dian Lu

Hello, I have a question regarding exceeding the ISA allowance. I have topped up GBP 20,000 in an ISA provider earlier this month for my stock ISA allowance this year. Yesterday, I tried to top up GBP 5,000 fund as general investment (instead of ISA) in another provider, but the money I transferred to the provider has been automatically allocated to the ISA account I have with this other provider because their system has been designed to do so. I did not intend to add the fund of GBP 5,000 to ISA as I am aware I have already used up my GBP 20,000 allowance for the year. Now the provider explained to me that I have oversubscribed ISA because this GBP 5,000 has been allocated to ISA. Could you please advise what I can do to rectify this? I want to be fully compliant with the ISA policy and believe this oversubscription is resulted from the issue from the provider. Thank you