RE: Recommended Bed & ISA brokers28 Oct 2020 15:18
login to ISA and ordinary share account. If you have say £7000 remaining of this year's ISA investment limit, then put £7000 cash in your ISA. If you have to borrow it from your bank then fine. Buy £7000 of shares while in your ISA, and sell same amount in your share account. Withdraw 7000 from your share account to pay back source of original cash you put in your ISA. This will reduce the amount held outside the ISA. Reducing CGT when EUS shares are sold in due course, if all goes through. If you have a very large holding outside the ISA , then you will still have to pay CGT/tax etc if EUA is sold or issues special dividend for a part sale. Say if they sell Montechundra . If the sale results in payment by shares of the buying company then I THINK , you must check on the HMRC site, that HMRC does not regard that as subject to CGT. There are worked example on the HMRC site, accessed via Gov.uk, and it can be complex and subject to different amounts if sale is part cash , part shares.