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You Are Here: Home > Personal Finance > ISAs > FAQs - Question
Can investments held outside an ISA be

transferred to a Stocks & Shares ISA?

It is not possible to do this. Unfortunately the original shares have to be sold and then repurchased within the ISA account.

If the shares have increased in value since you bought them and the capital gain is more than the current Capital Gains Tax (CGT) allowance (around £10k) then tax will have to be paid.

Conversely if the shares are sold at a loss this loss can be offset against other capital gains you may have.

The best advice is to speak with your ISA provider and see what they recommend. They might for example offer a discount on commissions and fees for transferring the investments.

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