B&B for share portfolio
Posted: February 21st, 2024, 2:21 pm
The subject title is misleading. I thought B&B was still possible, which shows how out of date my thinking is!
Seems like the best way to avoid/minimise CGT is to put share assets in joint names.
I've got quite a lot (>>£150k) in shares, and though I'm happy to withdraw it gradually over the next 10-15 years, I realised I should start thinking about legally minimising tax, so would appreciate any thoughts.
Ideally, I'd also like to invest in ISAs, so would prefer not to simply transfer it gradually into ISAs.
Seems like the best way to avoid/minimise CGT is to put share assets in joint names.
I've got quite a lot (>>£150k) in shares, and though I'm happy to withdraw it gradually over the next 10-15 years, I realised I should start thinking about legally minimising tax, so would appreciate any thoughts.
Ideally, I'd also like to invest in ISAs, so would prefer not to simply transfer it gradually into ISAs.