RE: End of the Tax Year3 Mar 2024 18:34
You obviously don’t understand ISA’s or tax.
Once the monies are in the ISA they are tax free. Getting the monies into an ISA is NOT tax free if you’re transferring from an investment account.
All your post says is that you can invest in an ISA even if you don’t have any spare cash, by transferring existing investments into one. “Taking advantage of the tax free allowance,” YES tax free once it’s in it.
A bed and isa is literally your broker selling the funds and rebuying them in an ISA on your behalf.
Please do your own research. I’d hate to think that after being in finance for 25 years I don’t understand the very basics of an ISA……