Investment & Investing

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Drakien in reply to @frankenbike

It will still attract CGT if you put it in your pension or in an ISA. In your pension it will offset some income tax, but it's not accessible like an ISA.

Uhhh, I think CGT doesn't apply to pensions or ISAs:

https://www.moneyadviceservice.org.uk/en/articles/isas-and-other-tax-efficient-ways-to-save-or-invest#your-capital-gains-tax-exemptions

I've got a guide to CGT from Hargreaves Lansdown which says:

WHAT DO YOU PAY CGT ON?
Shares
Funds
Investment trusts
ETFs
Land
Investment and second properties
Other possessions, like art, worth
at least £6,000

WHAT DON’T YOU PAY CGT ON?
The family home*
Most personal possessions
Possessions that depreciate
UK government bonds (gilts)
ISA investments
Pension investments
Venture capital trusts (VCTS)
Enterprise investment schemed (EIS)

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Howard in reply to @Drakien

Yep^^ Any gain you make on stuff ‘inside’ a pension is tax free until you withdraw / use the pension.

Stuff outside that I sell and make money on, then pay the proceeds in to a pension will still be CGT taxed before it goes in. Unless it’s a watch or something stupid.

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