Member Info for Djingle

Simply mirroring gold - it's what we do now to larger extent.

Short answer: no, an ISA is not automatically sheltered from Inheritance Tax (IHT).

Here’s how it actually works in the UK:

1. ISAs and IHT

An Individual Savings Account (ISA) protects you from income tax and capital gains tax while you’re alive, but it still forms part of your estate when you die.

That means:

The full ISA value is counted toward your estate

It may be subject to 40% IHT above your available allowances

2. Your allowances still apply

Your estate, including ISAs, benefits from standard IHT thresholds:

Nil-rate band: £325,000

Residence nil-rate band (if applicable): up to £175,000

Anything above these combined thresholds may be taxed at 40%, unless passed to a spouse or civil partner.

3. Spouse exemption and ISA transfer

If you leave your ISA to a spouse or civil partner:

No IHT is due (spouse exemption)

They receive an additional ISA allowance called the APS (Additional Permitted Subscription)

This means:

They can reinvest the inherited ISA value back into their own ISA wrapper

The tax-free status can effectively continue

4. When ISAs can become IHT-efficient

ISAs can be structured to reduce IHT in certain situations, for example:

Holding AIM-listed shares that qualify for Business Relief (BR)

→ After 2 years, these may become IHT-free

This is higher risk and requires careful selection.

Bottom line

ISA = tax-efficient while alive

ISA ≠ automatically IHT-free on death

Mirroring gold to the T these days.

I do wonder if that's a good thing or a bad thing? To an extent it would be good to be able to hold our own on news alone.

GLA

Over the weekend I have instigated all of the following transfers to AJ Bell from:

Barclays Smart Investor (ISA & Trading Acc)

IG - Trading Acc.

HL - SIPP & trading Acc

I have done this mainly to save on the fees and consolidate to a single provider. Research proved without a doubt that AJ Bell was the right choice for me. Obviously others needs may vary.

@SpadesAspade, If I was in your position I would be selling half your GGP pot and putting it into 6 high dividend paying stocks across different sectors. The remaining GGP would hold to post Hav and divi's.

Not financial advce

So, following on from the Stick, Twist, Hold thread, I though it may be worth posting the below. I've been feeding Claude with GGP updates over the last couple of months (to act as a financial analyst) and give me a 5 and 10 year forecast on a portfolio value approx to £340k.

5-Year Outlook to 2031 (revised)

Scenario Price per Share Portfolio Value Gain / Loss vs Today

🐂 Bull 2,000p – 3,000p £1.12M – £1.68M +£743k to +£1.30M (+196% to +343%)

➡️ Base 1,000p – 1,400p £561k – £786k +£182k to +£407k (+48% to +107%)

🐻 Bear 280p – 480p £157k – £270k -£222k to -£109k (-59% to -29%)

10-Year Outlook to 2036 (revised)

Scenario Price per Share Portfolio Value Gain / Loss vs Today

🐂 Bull 3,500p – 6,500p £1.96M – £3.65M +£1.58M to +£3.27M (+417% to +863%)

➡️ Base 1,600p – 2,400p £898k – £1.35M +£519k to +£968k (+137% to +255%)

🐻 Bear 150p – 350p £84k – £197k -£295k to -£182k (-78% to -48%)

Good luck all!

DYOR

Re

Broker note price target is 50p

Is there a time frame on this? As I haven't seen the note.

@Draft

The reason you need to ask yourself is "Why did you sell" ?

Out of Interest Deverec. When you do the bed in ISA, it's an instant sell and rebuy; therefore, you lose a certain amount of shares. Do you ever consider selling on a slight rise and then buying back the same day for instance on a small drop, resulting in you getting back the same or possibly more shares than you sold. Of course, I realise that if you sell and the SP continues to rise you are worse off. But a SP never goes up in a straight line.

Just interested?
GLA

My god, no wonder I rarely visit this site anymore. What a load of ludites.

We'd all be still in horse and carts the way most go on. Crypto is in its infancy, mistakes will be made on a grand scale, fortunes made and lost. Gold rush? The Wild West anyone?

Anything new will always attract unsavoury characters looking to exploit the greedy and gullible. But crypto is here to stay, like it or not, yes it will morph and change until it finds it's feet. The banks hate it as it is decentralised and they'll lose trillions, but don't tell me you're not aware of them all investing in crypto and building their own crypto businesses all the while stating it's never going to take off?

Blockchain is integral to the technology and allows for decentralisation. Blockchain is already fighting counterfeit goods on a global scale through traceability. Blockchain is highly effective in the food industry through provenance and traceability, helping combat disease and the origins of deadly diseases. Kerry Foods have been implementing blockchain technology for some years now. Yes there are loads of worthless ****coins out there, chances looking to make a quick buck, but don't discount the proven proof of works technology that will shape the future to come.

IMHO Fiat will die, relatively soon, gold will always be the store of value and digital currencies will be the transactions of the future.

Jesus, Mary and Joseph and the wee donkey. Everyone, please use your vote!

@MF11 - already read your excellent post on TG - thanks again!

Has Paddy posted any view regarding last night?

Reinstate Hydro! I cannot believe what I’m witnessing on this BB. LSE you should be ashamed of your totally unprofessional way of conducting business. Amateur behaviour of the highest order.

BR, tears gone, all smiles... ;)

Can someone please paste the link. The only one I'm subscribed to is 'Greatland Gold Daily Highlights'. And doesn't seem to be very active on a day to day basis?

Ok, so if a further target materialises and straddles two owners tenements, does that automatically create a JV?

Wow! really didn't expect the responses.

Many a wise word spoken thus far. Yes I totally appreciate the difference of investment from one to another carries very varied commitment. And totally appreciate that £50k and £5k can mean the same to different people.

GLA

@Hydro, thanks for sharing - believe I've seen this before. But like my original question - it would be interesting to know the financial investment...

Big difference in buying a million shares at 1p vs 20p!

GLA

I've long wondered how much people have invested in GGP. I'm talking money.

There have been numerous posts regarding 'how many shares holders hold', but what does that share number = in hard earned cash?

I think this would be a true reflection on how committed people are to GGP.

I don't expect many replies - it's a far too personal question.

Personally I've been invested in GGP for around 5ish years - the first £5k (money) was a punt. Added bits over the years, then last March, a significant (to me) £35k. And 2 days ago another £35k. In total 732,000 shares.

That's my commitment to GGP!

GLA