What to do with Friends 株

By This Is Money
Updated: 00:00 BST, 24 May 2001

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I hope to receive 株 from the ーするつもりであるd float of Friends Provident. Is there any way I would be able to place them in some type of Isa? I only have a 小型の cash Isa with the Portland Building Society taken out in January this year. I am a basic 率 taxpayer. GP, London.

Ben Yearsley, 投資 経営者／支配人 at 資産 経営者／支配人s Hargreaves Lansdown says: No, you cannot 移転 解放する／自由な windfall 株 straight into an Isa.

The only way of getting them in is to sell and repurchase them within a self-select 小型の or maxi 在庫／株s and 株 Isa.

If you have taken out another 小型の Isa this 税金 year you can only put them in a 小型の 在庫／株s and 株 Isa, if not, you can put them in a maxi.

You can take out a 在庫／株s and 株 Isa in 新規加入 to the cash Isa you already own because you got that last 税金 year. But if you are a basic 率 税金 payer and you don't make many 資本／首都 伸び（る）s, then depending on how many 株 you are getting, the costs 伴う／関わるd may 井戸／弁護士席 outweigh any 未来 利益s of selling and rebuying them within the Isa wrapper.

So don't put them into an Isa for the sake of it - make sure you'll get some 利益s from it before you go ahead. On a long 称する，呼ぶ／期間／用語 basis the only 推論する／理由 for having 株 in an Isa is for the 資本／首都 伸び（る）s 税金 利益s, because after 2004 you cannot 埋め立てる the 税金 credits on （株主への）配当s.

If you were to be a higher-率 taxpayer in the 未来, then any （株主への）配当s from companies held outside an Isa would attract a その上の 税金 義務／負債. If you don't think you will ever have a 資本／首都 伸び（る）s problem, then there is really not much 利益 to 持つ／拘留するing these 株 in an Isa. 公式文書，認める that for CGT 目的s, these 株 will be 扱う／治療するd as though they cost nothing.