I have existing shares in 1 company. Can I transfer these into an ISA for my wife and benefit from some tax savings?

Asked by nick

1 Answer

Log in or sign up with email
By submitting you agree to our Terms of Service
L
Answered by Lauren Cain
This is a popular question. The key is being up-to-date with your ISA knowledge. As of April 2011, the amount of tax free interest rose to £1068. If you are transferring shares from a non-ISA account to a new ISA account, you are likely to attract some charges, and it will count towards you annual limit.

For more info, talking to an IFA is a great idea. SimplyFinance has some great resources to get you started - check out http://www.simplyfinance.co.uk/investments/isa.html. | 04.13.11 @ 09:38
Comment
Log in or sign up with email
By submitting you agree to our Terms of Service
$commenter.renderDisplayableName() — {comment} | 10.22.17 @ 15:31
Log in or sign up with email
By submitting you agree to our Terms of Service
Free SimplyFinance Membership!

Get FREE, full access to SimplyFinance.com

Answered by

L
Lauren Cain

Related Questions

Q&A
Asked by Sally
Q&A
Asked by katie.jenkins
Q&A
Asked by katie.jenkins
Q&A
Asked by ritesharunkadu
Q&A
Asked by katie.jenkins
Q&A
Asked by alexander
Q&A
Asked by katie.jenkins