SDRT on in specie transfer to ISA or Pension
Does anyone have a link to the HMRC/Gov.uk pages (or any other provider documentation) relating to the treatment of SDRT on the in-specie transfer of funds from an investment account to an ISA or pension?
Transact offer this facility but tell me that SDRT is payable on both the transfer out and the transfer in - even if transferring an asset that would not normally attract SDRT on a purchase with cash. They tell me it's a 'separate SDRT rule for platforms' that offer bed and pension/ISA etc.
I just can't find the evidence to back it up and need to have a read!
Thank you :-)