How ‘Bed & ISA’ could save you £15,000 over a decade

“Bed & ISA” is a tax-saving transaction that involves transferring assets from a regular account to an ISA wrapper to shelter future capital growth from taxes. Recent changes in capital gains tax rules have led to an increase in “Bed & ISA” transactions, with potential savings of around £15,000 over a decade for an investor with £200,000 in assets. By gradually moving assets into an ISA and utilizing the annual £3,000 CGT allowance, investors can avoid paying capital gains tax and maximize their returns.

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