martin55 arthur
Joined: 4/19/2023
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RE: Share transfer into a stock and shares ISA
I understand shares or funds cannot be transferred into an Isa, only possible to 'bed and Isa. i,e sell and repurchase.Can you transfer shares into an ISA? You cannot transfer normal shares and investments directly into an ISA, but you can sell and repurchase them within your ISA account to get the ISA tax benefits. HMRC only allows cash contributions into an ISA. This is because they need to track how much you contribute each year so that you don’t go over your limit of £20,000.