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Section 104 shares in an ISA

BBonus
Posted Thu, 09 Nov 2023 16:59:03 GMT by BBonus
When calculating the average cost of shares in a section 104 holding, for CGT purposes, should any shares that have been transferred into an ISA be included in the calculation? Or can the shares in the ISA be completely disregarded? In other other words should the average price/cost base only be based on the shares outside of the ISA?
HMRC Admin 10 Response
Posted Fri, 10 Nov 2023 15:59:32 GMT by HMRC Admin 10 Response
Hi
These can be disregarded as ISA's are tax free.
You also cannot claim any losses in respect of shares held here.

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