ISA Shelter - Shares
ISA Shelter - Shares
Author
Discussion

pauljdh

Original Poster:

215 posts

186 months

As a former long-term employee I was able to acquire a large no of RR shares through sharesave, share purchase and bonus etc.

When they were valued at approx 140p I put them into a stocks and shares ISA........they're now worth 1270p ish.

Am I correct that any dividends, profit and increase in value, whenever realised would be not notifiable and free of income or capital gains tax?

I guess thats the point of the SS ISA but just wanted to check that anything legislative hasn't changed anything.

Ta

YouWhatAgain

20 posts

2 months

pauljdh said:
As a former long-term employee I was able to acquire a large no of RR shares through sharesave, share purchase and bonus etc.

When they were valued at approx 140p I put them into a stocks and shares ISA........they're now worth 1270p ish.

Am I correct that any dividends, profit and increase in value, whenever realised would be not notifiable and free of income or capital gains tax?

I guess thats the point of the SS ISA but just wanted to check that anything legislative hasn't changed anything.

Ta
Yes all tax free