Sharesave and CGT

meanmachine_2

Well you can lose a bit with sharesave.

All you get is a small amount of interest each year - I think it's around 1.5%, plus a small tax free bonus at the end.

The opportunity cost is not having that money in a share tracker, say, or ISA, or other investment.

I'm bearish re: my own company, but still believe the shares might end up slightly above the price I locked in.

But who knows?

jonesMUFCforever

meanmachine wrote:

Well you can lose a bit with sharesave.

All you get is a small amount of interest each year - I think it's around 1.5%, plus a small tax free bonus at the end.

The opportunity cost is not having that money in a share tracker, say, or ISA, or other investment.

I'm bearish re: my own company, but still believe the shares might end up slightly above the price I locked in.

But who knows?

Meanmachine we may have to agree to disagree but for me a loss is ending up with less than I started with at the end of an investment.
With Sharesave you do not lose - your capital is guaranteed to be returned to you.
With other investments you quoted there is no guarantee about anything - anything share based can and will go down as well as up.
Given both options 5 yrs ago ( a sharesave scheme v eg tracker) I would go for the sharesave then as I would now because I do not hold a crystal ball to see how markets are going to be at any given moment.

Chrismaths

Quiet_Life wrote:

Can you still opt to take the money by depositing it in an ISA and therefore avoiding CGT if the value is over the CGT limit? You used to be able to.

No. You can't put options in an ISA, nor can you transfer shares into an ISA without creating a disposal for CGT.