Yikes! I'd asked my accountant and they were adamant that they didn't need my ISA investment details for my tax return and that they were non-taxable within the ISA wrapper. Not got total confidence in my accountant though! Need to check this
......some AIM shares can be held in an ISA (I also use HL) if they are dual listed i.e. in another country. Cluff Gold for example, which have cancelled out this SHFT drop for me. Not a ramp for CLF by the way. FWIW I am not worried by this drop here as feel sure we will head back north soon enough......
just been on the phone to them, and I will have to sell the shares then re-buy them again into my ISA account. So even a penny difference will lose me quite a bit. I think I will wait and sell them when the time is right, hopefully xmas and hopefully add them to the isa in the troughs.
Sounds about right. I use HL (that's NOT a recommendation) and have an ISA a/c, SIPP, and a basic trading account. In the ISA you can generally hold OEIC funds and shares on FTSE companies (i.e. NOT AIM listed companies). But as far as I understand it the big bonus is that all gains and dividends are tax free. In a trading account SP gains are taxable under Capital Gains Tax and dividens are taxable under Income Tax. - Nightmare!
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