How can I put a share certificate into an ISA?

Hjmcct

My apologies I am aware that the question may sound stupid however these are the first shares I have owned and I'm a bit lost.
I have just bought shares in my company under a sharesave scheme. I have received the share certificate and understand that I can put the shares into an ISA within 90 days of the purchase but I am at a loss as to how to do so. Can anyone enlighten me?

Aegis

Find a broker that operates a share ISA account and look under their details for putting certificated shares into the account. The details should all be there fore you.

Unfortunately I'm not sure who the cheapest broker is at the moment, but I'm sure someone will give you a recommendation.

You might also want to consider selling the shares and putting the proceeds into more diversified investments, especially if these are your only investments at present. After all, in that case, you are employed by and invested in just one company: big risk.

Farway

As bought under sharesave scheme I guess whoever the registrar was that sent the certificate alos send ISA details?

I know mine always did, not like then to miss a marketing opportunity

Otherwise as Aegis response

EdInvestor

Hjmcct wrote: »

I have received the share certificate and understand that I can put the shares into an ISA within 90 days of the purchase but I am at a loss as to how to do so. Can anyone enlighten me?

If you are a basic rate taxpayer there may not be much point in incurring the costs of doing this, as you will not have to pay any tax on your dividends and you have an annual capital gains tax allowance of £10k.

Primrose

Hargreaves Lansdown in Bristol (www.h-l.co.uk) should be able to help you do this if you have not already maxed out your equity ISA allowance for this year. They have a very helpful enquiry service. Why not give them a ring?