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CGT and Isa

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Londonlisa12

Londonlisa12 Posts: 176 Forumite

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9 June 2024 at 1:59PM in ISAs & tax-free savings

When working out your average buying price of a fund for CGT do you include the price bought in an ISA account.
I am aware no tax is payable on the ISA held funds but also have some of the same fund (Vanguard life strategy 60) outside of the ISA that I want to sell and but back to use this years CGT.
Thank you.

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Comments

masonic Posts: 27,067 Forumite

9 June 2024 at 2:54PM

No, anything that happens within an ISA does not affect your CGT calculations.

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ColdIron Posts: 9,793 Forumite

9 June 2024 at 2:55PM

Londonlisa12 said:

When working out your average buying price of a fund for CGT do you include the price bought in an ISA account.

No
I am aware no tax is payable on the ISA held funds
And that is why you don't include them
but also have some of the same fund (Vanguard life strategy 60) outside of the ISA that I want to sell and but back to use this years CGT.
That's fine but be aware of the same day and 30 day rules

2
Londonlisa12 Posts: 176 Forumite

9 June 2024 at 3:06PM

I had forgotten about that, thank you very much.

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