ISA Question part 211 Sep 2020 12:56
OK, go easy folks, remember I am a simple engineer and have very little cash savvie. My question is this.
My shares are all held in an online account with Share.com, I got the basic share dealing account with them 4 years ago when pal tipped me off to this. If I wanted to open an ISA for me, my wife or my kids, how do I get the money out of share.com and into the ISA or is it as simple as transferring the money? Are there any tax implications from having to move the money from Share.com to my personal bank account and then into the ISA?
This is probably money for dummies kind of stuff...but if the cap fits eh?
Good luck to all by the way, here is hoping there is much more to come yet.
Best
TRL