Stocks & Shares ISA question
Stocks & Shares ISA question
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Targarama

Original Poster:

14,782 posts

312 months

Saturday 27th March 2021
quotequote all
Hi.

If in the future I have an ISA with investments in individual stocks, which have risen by a lot and made a lot of profit exceeding the annual CGT allowance. While in the ISA gains are free of CGT, which is great. But what happens say 2 years later if I want to take the money out of the ISA. Is there any 'interest' from the tax man in that profit?

Thanks

xeny

5,466 posts

107 months

Saturday 27th March 2021
quotequote all
None whatsoever.

LeoSayer

7,819 posts

273 months

Saturday 27th March 2021
quotequote all
The only tax I'm aware of that could apply on ISA assets is inheritance tax.