RE: ISA13 Feb 2026 07:43
“In this scenario, hypothetically, if you had say a massive taxable gain pending OUTSIDE of the ISA , you could simply transfer those assets into an ISA, sell them, avoid tax, then withdraw them from the isa tax free???”
And this, incorrect. When selling shares to put into your ISA, a capital gain/loss is realised. In MATD’s case, most likely a capital loss! So win win, providing MATD now goes up!