GGCHAN
-
ISA cash & ISA share account Exceeded limit 24/25
In November 2024, I opened an ISA share account with Company A and invested £20,000. Unfortunately, I forgot that in May 2024, I had already opened an ISA cash account with Bank B and made a £20,000 one-year fixed deposit. This exceeds the ISA allowance. What should I do in this situation? Would canceling one of the ISA accounts resolve the issue? Thank you.