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Can investment losses via a Stocks & Shares ISA be offset against Capital Gains Tax
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Last update : November 2011
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| No. If you lose money on investments held within a Stocks & Shares ISA this cannot be offset against profits made on an investment held outside the ISA.
This is a point that many financial commentators miss, or don't explain very well.
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| They focus just on the tax-free angle of ISAs but fail to mention that stockmarket investments don't always increase in value and potentially can produce horrendous losses.
In the main Stocks & Shares ISA guide I stress that they are normally best suited to those with a plan to build up large stockmarket investments of at least £20,000+ over the years.
See also
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FREE Stocks & Shares ISA Report
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Why you must think long term with ISAs
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Costs and charges - How to slash them
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The best broker to use - and why |
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How to build a Portfolio of different asset classes
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More details |
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