Have Tax Questions? Ask a Tax Expert for Answers ASAP
Thank you for that.
I am guessing that, as I wish to transfer my late wife’s ISA Probate value into my ISA ultimately, it would be advantageous to generate these Capital Losses to utilise in the future. Would you concur?
I realise there will be costs involved in selling shares etc but hopefully these will be minor compared to the Capital Losses banked.
Just to clarify, if I did decide to sell all or part of the holding, it would need to be at a date after Probate was granted and not before. Would you agree?