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Business & Economics

I’ve exceeded the annual Isa limit, what should I do?

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Summary
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65% Informative

As an adult, you can deposit up to 20,000 across as many Isas as you like within the same tax year .

You won't pay tax on interest earned on cash in an Isa, or from capital gains or dividends from investments.

But what happens if you pay in too much? Here is all you need to know about what to do if you exceed your limit.

VR Score

63

Informative language

60

Neutral language

59

Article tone

informal

Language

English

Language complexity

35

Offensive language

not offensive

Hate speech

not hateful

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not detected

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medium-lived

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