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Section 104 Holding and ISAs...

Answer
ravenscroft
Posted Fri, 27 Sep 2024 08:24:18 GMT by ravenscroft
It is well understood that any investment sold from within an Investment ISA is free of CGT and that any such capital gains are not required to be reported. However, I hold shares in a particular company in both a general investment account and an ISA. Am I correct in believing that the acquisition cost of my ISA shares should also be ignored when calculating overall acquisition cost of a Section 104 holding?
HMRC Admin 18 Response
Posted Mon, 07 Oct 2024 10:04:25 GMT by HMRC Admin 18 Response
Hi,

That is correct.

Thank you.

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