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Expert Lu
Expert Lu, Business Consultant
Category: Finance
Satisfied Customers: 306
Experience:  ACCA Diploma
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I am saving for a second degree and almost all of these

Customer Question

I am saving for a second degree and almost all of these funds are in a Stocks & Shares ISA. I just wanted to confirm that withdrawing from here for tuition fees when the time comes will not be taxable or do I need to take tax into account?
Submitted: 15 days ago.
Category: Finance
Expert:  Expert Lu replied 15 days ago.

Hello and welcome!

Expert:  Expert Lu replied 15 days ago.

I am an expert with JustAnswer and I am happy to assist you with your question.

Customer: replied 15 days ago.
Hi
Expert:  Expert Lu replied 15 days ago.

I am currently reviewing your question and I will get back to you shortly.

Expert:  Expert Lu replied 15 days ago.

Hello and thank you very much for your patience.

Expert:  Expert Lu replied 15 days ago.

After reviewing your question unfortunately you will be liable for tax on the disposal of the shares.

Expert:  Expert Lu replied 15 days ago.

Please  kindly feel free to ask if you need me to clarify my answer.

Expert:  Expert Lu replied 15 days ago.

All the best .

Expert Lu