Stocks & Shares ISAs

MIXERMAN

If i have sold £11000 worth of shares (plus cost of shares) say £2000 making £13000 in total, does this mean i can withdraw another £4240 using the bed & isa route?

If so does using the bed & isa route then incur cgt on the aditional £4240?

jimjames

MIXERMAN wrote: »

If i have sold £11000 worth of shares (plus cost of shares) say £2000 making £13000 in total, does this mean i can withdraw another £4240 using the bed & isa route?

If so does using the bed & isa route then incur cgt on the aditional £4240?

Withdraw from where? You have CGT limit of £11000, ISA limit of £15240. You can move £15240 of cash into an ISA each year to buy shares. There is no CGT on shares inside an ISA. Outside an ISA, you pay CGT on any gains realised above £11000 each year

Brand

Brand wrote: »

Again, just to update on the FTSE 100, which is still at only around 6,700 it is now below, not above, the long term average warning line, which is now at 6.750. https://uk.finance.yahoo.com/q/ta?s=%5EFTSE&t=5y&l=off&z=l&q=l&p=m300&a=&c=
Of course 1. you have had dividends and 2. you may have used good fund managers who beat the FTSE 100.
the shape of the price move, however, looks very similar to that of early 2012, and the long drawn out and down movement of the FTSE over the last year makes it look to me like it wants to get a fair dip down out of the way, down, say, to 6,300 or even to 6,000.
That is stocks and shares investing for you!
I could be wrong, but I am not ploughing lots of money in all at once, but am putting little bits in monthly, and keeping some more back in case there is a very tempting dip and bounce after.
I can only say what I am doing, not what any of you should do, as I don't know your circumstances or risk tolerance, of course. You may decide a warning line is a strict warning line, so start selling a bit faster; Maybe some IFAs are suggesting that very thing, if they have not done so already.

This is just an update on the FTSE 100 that, despite the 600 point (10-11% bounce in since February, at the current 6200 it is still below the marker line, which is now around 6500.
The US stockmarket (S&P500) at 2050 is above its same marker line, but you can see the similar "crawl to the edge" of some previous episodes. https://uk.finance.yahoo.com/q/ta?s=%5EGSPC&t=my&l=on&z=l&q=b&p=m300&a=&c=

meanmum

I find myself with a fairly large number of ISAs across a range of different funds, & for historical reasons, across different platforms - Hargreaves Lansdowne vantage, Commshare (within Cofunds) being the main ones. I realise that these are no longer at the cheaper end of the market, & as I tend not to change funds or seek advice, I am probably not getting the value out of the fee (0.45%/0.46%). It would also make sense to consolidate into one provider.
Which platform would make sense for me to transfer to? Halifax seem comparatively cheap - does the £12.50 annual charge apply to each fund/ISA, or the whole portfolio?

le_loup

Go to:
http://monevator.com/
and check out their platform comparison.

meanmum

Thanks - a flat fee seems the best option for me, & Halifax is still standing out. My only trades are likely to be a single annual purchase. Does this seem to make sense?

Lisa_Kelly

Hi

Does anyone have any knowledge in this area ?

Staff incentive plan held but i have resigned from company. I have share holding split between shares bought 2 years plus and shares bought in last 2 years. If I sell all I will have tax and Nat Insto pay. I have been told I can transfer to an ISA. I only hold a cash ISA with Post Office which I have not added to yet. I would need to open a new stocks and shares ISA that would accept this type of deposit but I cannot find a provider ? My employer has been slow to notify me and says I have 30 days to action any transfer from my leaving date , I am already 3 weeks into this period so have I run out of time ? Would these shares need to be sold and bought back to go into the ISA ?

perky77

Evening, I'm contemplating setting a self select isa with IG for a pot of £3k - £5k. The cost per trade is quite low £8 and there are no platform charges. Anyone have any positive or negative reviews.

george4064

perky77 wrote: »

Evening, I'm contemplating setting a self select isa with IG for a pot of £3k - £5k. The cost per trade is quite low £8 and there are no platform charges. Anyone have any positive or negative reviews.

Read here: http://monevator.com/compare-uk-cheapest-online-brokers/

I would've thought IG are probably not the ideal ISA platform to go for because they mainly concentrate on CFDs and Spreadbetting...

supersabw

I took out Stocks and Shares ISAs (European and UK) to invest my share of the ex-parental home in late 1990s via the Co-operative Investment. My business has recently been passed over to Royal London since the Co-op appears to have dumped this branch of the business. When I took out the investment I was buying into a package of advice and guidance about the shares, including how to sell them. I now find that the only way I have to sell them is by telling Royal London to sell them at a price I have no idea of - the only guidance being the price up to 24 hours prior to my instruction. Surely the fact that I paid for a full advice package with the initial purchase gives me some rights to at least being able to choose at what price to sell? It's like being blindfolded and told to pick out of a hat! I did track them for a few days and there was £4000 daily difference even during this short window. Any guidance appreciated