RE: To buy order not to buy25 Mar 2025 20:28
Falcon all they want to do is sell shares that are not currently in an ISA and buy them in one that is to protect future gains from tax. The best way to do it is with the same provider as they will do the sale and rebuy simultaneously to reduce risk and minimise any possible loss due to share price movements, no need to wait for anything to clear. The capital gains (losses) from selling JD shares at a loss (outside the ISA) can be offset against any CGT for this year and then any future gains are protected by the ISA wrapper. Can only transfer £20k a year into ISA. If you don’t have an ISA with the same provider then get one with them, do the bed and ISA, then transfer ISA into your existing one if with another company. It is very simple, just google bed and isa and read the FAQs, then follow the guidance from your sharedealing supplier to follow correct process, ring them if need be, but no more complicated than that.