Less tax when selling shares

Tonys101

Question

I have £20,000 worth of shares I want to sell anyway to pay less tax when selling i

A bed and isa into a flexible ISA?

Also 

I have a flexible ISA and had shared which I sold and removed the cash so my allowance on my flexible ISA is £20,000

Can I open a non flexible ISA with dorrent broker and buy a fund? 

Keep_pedalling

You can’t transfers share directly into an ISA. The only tax that may be applicable is CGT, how much did you pay for them originally?

wmb194

Tonys101 said:

Question

I have £20,000 worth of shares I want to sell anyway to pay less tax when selling i

A bed and isa into a flexible ISA?

Also 

I have a flexible ISA and had shared which I sold and removed the cash so my allowance on my flexible ISA is £20,000

Can I open a non flexible ISA with dorrent broker and buy a fund? 

Your post is hard to understand but if these shares are currently in a GIA a bed and Isa won't make any difference to the capital gain calculation of a sale. It'll only mean that when you sell the shares/fund you buy in the Isa you won't need to pay any CGT.

eskbanker

This is essentially a duplicate thread of https://forums.moneysavingexpert.com/discussion/6543086/two-isas-flexible-and-non-flexible-rules