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Posted Thu, 02 May 2024 09:53:13 GMT by C K
Hello. I have a general question about Stocks & Shares ISA and the tax return Capital Gains page. I know that we need to complete the Capital Gains page if we sold or disposed of chargeable assets which were worth more than £50,000. May I know if selling ETFs, stocks and shares in an ISA account counts towards the £50,000 threshold? If I sold assets worth £80,000 in an ISA account and £40,000 in a non-ISA account, does it mean I still don't need to complete the Capital Gains page? Thank you.
Posted Fri, 10 May 2024 10:03:38 GMT by HMRC Admin 25
Hi C K,
Money from an ISA are not taxable so you would not include these and they do not form part of the 50k for CGT reporting.
Thank you. 

 

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