ISA - Overpayment

PEHsaver

This year I have had my usual cash ISA along with a stocks and shares ISA , stupidly I thought the £20,000 allowance was per ISA of each type per year so I have overpaid considerably.

I am not sure what to do , any advice appreciated.

xylophone

https://www.sharesmagazine.co.uk/article/watch-out-avoid-these-10-isa-mistakes-now

If you accidentally pay into more than one in a year, don’t attempt to fix it yourself, as you may close the wrong ISA. Instead, call HMRC’s ISA helpline on 0300 200 3300 to get advice on what to do. There is a similar process if you accidentally paid too much into an ISA (so more than £20,000 for an adult ISA, for example). HMRC will work out which ISA had the payment into it that breached the limit and will reclaim the money (including charging you for any tax owed).