Buy Barclays shares in a ISA or normal?

I am looking to get some shares and have a stocks and shares isa for this tax year.
I am using trading 212 and I can but the shares normally or in a stocks and shares ISA.

In my stocks and shares isa i normally buy ETF's, but can i simply buy £1000 of Barclays shares in my stocks and shares allowance?

I notice on £1000 purchase there is a -£4.98 stamp duty fee if i buy in my stocks and shares isa?

Replies

  • eskbankereskbanker Forumite
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    What you describe as 'normal(ly)' would typically be referred to as a general investment account (GIA), i.e. one not benefitting from a tax wrapper such as ISA or SIPP.

    Your choice about whether to buy the shares in your ISA or GIA, but the 0.5% stamp duty would apply equally to either....
  • edited 17 October 2021 at 4:49PM
    masonicmasonic Forumite
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    edited 17 October 2021 at 4:49PM
    Assuming you won't use your annual allowance on other investments., if you enjoy calculating capital gains and dividend income then buy outside the ISA, otherwise save yourself a headache.

  • Bobby_BoucheBobby_Bouche Forumite
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    eskbanker said:
    What you describe as 'normal(ly)' would typically be referred to as a general investment account (GIA), i.e. one not benefitting from a tax wrapper such as ISA or SIPP.

    Your choice about whether to buy the shares in your ISA or GIA, but the 0.5% stamp duty would apply equally to either....
    Yes when I meant normally I meant in my Trading 212 investment account(non isa).
  • Bobby_BoucheBobby_Bouche Forumite
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    masonic said:
    Assuming you won't use your annual allowance on other investments., if you enjoy calculating capital gains and dividend income then buy outside the ISA, otherwise save yourself a headache.

    I thought if I buy say £1000 of Barclays shares via my stocks and shares ISA then there is no tax to pay and no headache?
    Well i never :(
  • edited 17 October 2021 at 5:58PM
    masonicmasonic Forumite
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    edited 17 October 2021 at 5:58PM
    masonic said:
    Assuming you won't use your annual allowance on other investments., if you enjoy calculating capital gains and dividend income then buy outside the ISA, otherwise save yourself a headache.

    I thought if I buy say £1000 of Barclays shares via my stocks and shares ISA then there is no tax to pay and no headache?
    Well i never :(
    Perhaps you are unfamiliar with the word 'outside'. It is the opposite of 'via' in the context you have used it.
  • Bobby_BoucheBobby_Bouche Forumite
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    masonic said:
    masonic said:
    Assuming you won't use your annual allowance on other investments., if you enjoy calculating capital gains and dividend income then buy outside the ISA, otherwise save yourself a headache.

    I thought if I buy say £1000 of Barclays shares via my stocks and shares ISA then there is no tax to pay and no headache?
    Well i never :(
    Perhaps you are unfamiliar with the word 'outside'. It is the opposite of 'via' in the context you have used it.
    Thanks. I read the reply too fast. Got it. Thanks
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