Are there any rules I should know about with Bed and ISA ? As I canāt seem to find any information on HMRC.
I know CGT is Ā£6000 for this year and I canāt fund over Ā£20000 in my isa account.
Iām unsure you can sell a US Stock in a āStakeā GIA & then then rebuy the same US stock back in a ISA account? As some sties are saying it need to UK Stocks to do this.
Nightmare trying to get my head around this stuff. Itās not stupidity just always wondering if thereās some hidden rule somewhere thatās been missed. Itās simple really I just want to have an ISA to withdraw in and out of as many times as I want (which probably wouldnāt be that many) within the Ā£20,000 limit. Seems to be less interest with free access options though.
Plus some stocks canāt be used in an ISA such as ARM Holdings. Seems like thereās always something you have to look out for. Even for brokers apparently some stocks and shares ISAās mistakenly allowed ARM for a while.
I know where your coming from & have been doing this for a few years Stuff like this and finding out how much tax on options trading can be a pain to find out.