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Cash temporarily held in S&S ISA
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To be pedantic, it's the interest (if any) on cash which is taxed at a flat rate of 20%.Cash is taxed in an ISA and HMRC no longer care about timescale.
http://www.hmrc.gov.uk/isa/faqs.htm#240 -
No pressure at all. All a manager is required to do is tell the investor the rules and remind them periodically. HMRC at one point also issued guidance that market conditions can result in cash being held for an extended time.0
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