RE: Isa9 Jul 2023 11:22
Any knowledge on the tax implications of this?
Obviously, the loss sitting in the ISA has no taxable value/credit your overall portfolio (the downside of holding in an ISA, but you can't have your cake & eat it too), but now that the shares have been forcibly moved due to ISA rules, where does the loss sit?
Does it reside in the ISA, or does the loss move to your standard account?
I have no tax education, but my expectation is that the (considerable) paper loss made within the ISA has now been realised within the ISA, and the transfer to the standard account is done at the suspended price?
I'm clinging on to the hope that someone with tax education will tell me that I could now use the loss in NNN against my share account