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What happens if I go over my allownace?

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Comments

  • molerat
    molerat Posts: 35,585 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    dazeruk wrote: »
    Different information about what?

    The OP hasn't just exceeded his ISA allowance by £1,300 they've subscribed to two ISAs in one tax year.
    Yes they have, read the OP.

    1300 into ISA A, 2300 into ISA B then another 1300 into ISA B.

    Providing of course that were both cah ISA's
  • dazeruk
    dazeruk Posts: 313 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    molerat wrote: »
    Yes they have, read the OP.

    1300 into ISA A, 2300 into ISA B then another 1300 into ISA B.

    Providing of course that were both cah ISA's

    Have you actually read and understood my responses in this thread?
  • dj2006
    dj2006 Posts: 21 Forumite
    think the key word was 'just', easy mistake. Let's not fall out!! :-)
  • dj2006
    dj2006 Posts: 21 Forumite
    just for the record, i phoned them up & explained, they said that when they get the letters from the banks saying what's what, as David78 said they'll write to me & as it's my 1st time they'll let me off but if it happens again they'll take actioan against both incidents.
  • dazeruk
    dazeruk Posts: 313 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    dj2006 wrote: »
    just for the record, i phoned them up & explained, they said that when they get the letters from the banks saying what's what, as David78 said they'll write to me & as it's my 1st time they'll let me off but if it happens again they'll take actioan against both incidents.

    Cool, glad they have been positive towards you.
  • david78
    david78 Posts: 1,654 Forumite
    My post might not have been completely clear. They should let you off if you pay too much in or if you open more than one account, provided its a genuine mistake.
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