What happens if I go over my tax-free allowance?

We will keep track of your lending within your ISA account to ensure you do not go over your limit. However, if you are also using a Cash or Stocks & Shares ISA it will be up to you to keep a record of your total ISA deposits to ensure you do not go above the annual subscription limit.

Please contact HMRC as soon as possible if you think you have gone over your total ISA limit.