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In this finacial year. One was a regular monthly direct debit and the other a few weeks ago.a
Well as i said i tried to speak to hmrc about this. They told me they could not answer by telephone but directed me to the hmrc website on the FAQ section www.hmrc.gov.uk where they said it said not to try and corect the mistakeyourself but they would pick it up. I have not been able to find this on the website! I am sorry but the answer you gave does not quite concur with what they said. It was on tel. 0300(###) ###-#### ***** took 45mins t answer the phone. Sue
Thank you. Would there be any problems with advising hmrc? I need to be careful that I am doing the correct thing under the circumstances and dont want to commit an offence.On the link you sent(THIS IS MONEY) it gave the helpline but this tel.no is nolonger valid and there is a recorded message giving the tel no I tried which took 45mins to answer. Thank you Sue
The government ISA regulations for managers are here.The relevant sections are paragraphs 5.5,5.6, 12.23, 12.24, 17.24, 17.28 and 17.38. Whilst they tell ISA managers to tell investors to wait to be contacted by HMRC, I know people do contact the managers.If you are content to wait until you are contacted by HMRC which is what they said to you that they would do, then that's fine. My point was simply that it may be a while before that happens. I see no problem with writing a letter to HMRC informing them of your situation. You certainly won't get into any trouble.
Thank you, ***** ***** I contacted hmrc, would they make me cancel/sell the second stocks and shares ISA. I understand from your previous answer that they would not.
Even though it may be within the 30 day cancellation period you mentioned.
Many thanks for your responses and assistance.