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400k cash investment tax implications

flopsy1973 · 2024-10-27 16:24:39

Hi I have 400k that I wish to get invested and apart from the GIA route which has tax implications. I can slowly use this money to fund my ISA each year but that has CGT impications and it will take years. I went to see IFA and they suggested investment bonds which I don't know much about so going to do some research. Has…

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flopsy1973 Posts: 697 Forumite

10 November 2024 at 3:56PM

So the charges are what concerns you regarding bonds ? So they are excessive? I don't see the point of half and half as originally this was to save me tax and administration. If I'm going to split it then I might as well put all into GIA.
SO am I right that I will have to complete a tax return with this kind of investment and when I sell to fund my ISA allowance each year what will I need to do then ? Thanks

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400k cash investment tax implications

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