Rob Silvester

Hi. I am hoping you can clarify something on this thread. As I understand it for the following scenario: if the shares are worth £65,000 today I paid £30,000, I can: 1) sell 30k. No tax as that’s my cost 2) transfer 20k to share ISA allowance as not currently used 3 sell 3k and pay no tax as within CGT allowance. That’s 65k - 30k - 20k -3k = 12k left. I have two questions. 1) The 20k that is within my ISA. I want to now turn that to cash to buy something. By transferring to the stock and share isa can I then sell them and not pay CGT? Basically how do I get them out of the ISA tax efficiently? 2) If I do not sell the remaining 12k of shares, but leave them within my share dealing account I will not pay any CGT tax as I’ve not realised a profit yet. Please confirm. If that’s the case, in the following financial year can I then transfer them to a new ISA? And if I do then am I again exempt from CGT? How can I then sell them to avoid tax. Thanks a lot !