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Does anyone know...

Options
About the following?? :confused:
shares issued under approved employee share option schemes can be transferred into a stocks and shares ISA without any liability for CGT. (The market value of the shares is calculated and counts against the annual ISA investment limit.)
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Comments

  • isasmurf
    isasmurf Posts: 1,998 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    You'll have to be more specific. What is it that you want to know?
  • dunstonh
    dunstonh Posts: 119,632 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Yes. There is a limited time to do this. I have done it a number of times in the past with windfall shares (when you used to be able to do it with them) and some profit sharing schemes. Saved an absolute fortune in tax by doing it.

    The benefit isnt as good as it used to be as in the past it never went towards your ISA allowance.

    Its worth doing if you are likely to be hit with CGT.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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