5
votes
Accepted
What date in a tax year to invest in an ISA?
If you Google "lump sum vs. drip feed" you will find lots of analysis of the topic of scheduling investments (for example https://monevator.com/lump-sum-investing-versus-drip-feeding/ ). ...
- 4,002
4
votes
Accepted
capital gains liability of holdings "transferred" out of ISA?
Here's chapter and verse:
34.—(1) For the purposes of capital gains tax on the occasion when the title to account investments is transferred from an account manager to an account investor there shall ...
- 30.1k
4
votes
Why do my lifetime ISA and stocks and shares ISA perform differently if they've both bought the same fund?
If you have the same tracker (e.g. iShares Core S&P 500 UCITS ETF) in both accounts then performance would be the same if there is no buying and selling in the relevant period. The pricing of the ...
- 371
3
votes
Why do my lifetime ISA and stocks and shares ISA perform differently if they've both bought the same fund?
Trackers don’t track the underlying index perfectly, because it would be too complex to do so, and require a lot of trades which would drive up costs. If the S&P 500 increases by 9% over a period, ...
- 23.5k
3
votes
What date in a tax year to invest in an ISA?
The popular phrase is "time in the market beats timing the market". You can't know what the market is going to do next, and the quicker you invest, the more time your investment will have ...
- 10.7k
2
votes
Lifetime ISA (LISA) eligibility with foreign spouse who owns property abroad
Reading the eligibility rules here carefully, you can use your LISA towards the home purchase if it's your first home. If you're buying jointly with someone else, then they must also be a first time ...
- 24.4k
2
votes
capital gains liability of holdings "transferred" out of ISA?
I found a similar question on the HMRC forum.
Capital loss on US bank shares transferred from ISA to individual account
Excerpting:
To clarify, if I sell this penny stock I am forced to sell through ...
- 265
1
vote
Calculating return on ISA
Calculating the time-weighted return.
"Suppose that the portfolio is valued immediately after each external flow."
M0 to M7 show the accumulating value of the investment. C0 to C7 are the ...
- 9,927
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