I am sure this probably has been requested before but a facility where we can transfer shares/etfs from Invest to ISA would be greatly appreciated.
You can transfer cash easily using the move funds option. It’s not allowed to transfer securities from non tax-sheltered to a tax-sheltered account as it will be close to impossible to track capital gains.
I forgot to mention. Yes it was for transferring securities.
Out of curiosity, will there be a bed and ISA option for those wanting T212 to automatically sell and re-buy the same inside the ISA?
Obviously there’s still a small hit between the bid and ask on each one, I’m just think from an efficiency pov.
@Matsuyama At the moment with the markets going shit it’s probably better turning all your stocks/ETFs to cash and waiting a couple of weeks and rebuying the same but getting more shares for your money. (Not financial advice )
Also, as I imagine you are a British investor @phildawson I thought I’d remind you of the 0.5% tax…
I believe it only applies on LSE stocks though (without including AIM) - Please correct me if I am wrong .
Yes anything that had stamp duty you’ll be paying it again on buying again.
Also you could be liable for CGT if you made significant profit.
is it possible to stocks transfer from an isa to an invest account instead?