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SS ISA - Tax implication on this scenario
malik999
Posts: 376 Forumite
Can anyone answer this for me
If I had a S&S ISA put in 3k in as an example bought shares in xxx company and in 2 years time i wanted to sell close that ISA and it was then worth 30k
What would be the tax implication on that profit?.
If I had a S&S ISA put in 3k in as an example bought shares in xxx company and in 2 years time i wanted to sell close that ISA and it was then worth 30k
What would be the tax implication on that profit?.
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Comments
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If it were in an ISA, nothing.0
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No tax implication. Capital gains aren't applicable to shares held in a S&S ISA.Conjugating the verb 'to be":
-o I am humble -o You are attention seeking -o She is Nadine Dorries0 -
30k return on 3k? Thats a bit adventerous!
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