Jump to content
  • 0

ISA profit


dw412

Question

If I have deposited £20k within a UK tax year into my ISA account, and have sold some shares within that ISA to realise a cash profit which gets added to my ISA cash, can I then reinvest that cash further without incurring any tax?  

Link to comment

1 answer to this question

Recommended Posts

  • 0
On 14/01/2023 at 20:36, dw412 said:

If I have deposited £20k within a UK tax year into my ISA account, and have sold some shares within that ISA to realise a cash profit which gets added to my ISA cash, can I then reinvest that cash further without incurring any tax?  

Hi @dw412

Thanks for reaching out. The ISA allowance is fixed on £20k. It would not be possible to reinvesting your profits as it would be considered as breaching the terms of the ISA regulation. All the best, OfentseIG

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      23,600
    • Total Posts
      96,963
    • Total Members
      44,170
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Krishna
    Joined 03/12/23 18:22
  • Posts

    • Thanks. A really interesting video and some interesting statistics and analysis. I haven't the time to go back and analyse whether a strong November increases the chance of there not being a Santa rally, although one of the slides highlights that the negative Santa Rally years were tied with poor November returns for the market such as 2000, 2008 etc which seems a contradiction.  Would I short and back against it happening? When it occurs in over 80% of years... absolutely not.  The Santa Rally – Christmas Growth in the Stock Market. (moneysandi.com)
    • Trade statistics of the 'Triangle 8th' system as of 12/03/2023 Gain: 102.00% Profit: 781.52 USD Funds: 1,400.18 USD Balance: 1,781.52 USD Beginning deposit: 1,000.00 USD Withdrawals: 0.00 USD Top-ups: 0.00 USD
    • Name of stock - Vox Royalty   Name of Stock Exchange - NASDAQ   Leverage or Share dealing - Leverage   Ticker - VOXR   Country of the stock - Usa   Market Cap - 100M
×
×
  • Create New...
us