Cai Jones
Joined: 7/1/2024
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RE: Accidental ISA Exceed - next steps?
From 2022 April 6 to 2023 April 5 I accidently deposited £20,045 into a SAS ISA, £45 of which were bonuses that I did not realize counted toward the allowance, and a further £2400 into help to buy ISA. Not realising that this also counted towards my allowance, the stocks and shares Isa was the one in breach of my £20000 Isa allowance, I've tried contacting the provider, called HMRC 3 times and sent a letter to HMRC no one has been able to inform me on what I should do to correct this hones error or been able to help me. I really don't know what to do now, there seems to be no support around this legislation.