RE: ISA13 Feb 2026 07:53
No, you cannot do a "Bed and ISA" transaction for more than the annual ISA allowance, which is currently £20,000.
Here are the key points you need to know:
Key Rules and Limitations
The £20,000 Limit Applies: Bed and ISA involves selling investments in a general account and buying them back inside an ISA. This "repurchase" counts as a new contribution, meaning it is subject to the total annual ISA limit.
Allowance per Tax Year: The £20,000 limit resets every tax year (6 April to 5 April) and applies to the total amount you can put into all ISAs combined.
Partial Transfers: If your holdings exceed £20,000, you can only move up to the remaining amount of your unused allowance. The rest must stay outside the ISA.