Bed and Isa
Bed & ISAYou don’t need to invest new money to make the most of your annual ISA allowance, instead we can use existing investments by selling them in your Trading Account and we will buy them back in your linked Stocks & Shares ISA. This counts towards your annual ISA subscription and means that more of your investments are sheltered from the taxman.
Please note: If you became a customer before 30th of October 2017 please click here for further instructions. If you became a customer on or after 30th of October 2017 then please follow the instructions below:
Use existing investments to open or top up a Stocks & Shares ISAHow it works
- We sell your investment holdings.
- We use the money to repurchase the same investments within your ISA.
- We do this instantaneously so you can benefit from doing both trades at the same time - to limit potential share price movement.
The value of your investments and the income derived from them can go down as well as up and you may not get back all the money you put in. The tax treatment of this product depends on your individual circumstances. All Bed & ISA instructions will be executed as soon as practically possible.