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Company Sharesave scheme & CGT liability

Pauls
Posts: 752 Forumite
A sharesave scheme which my employer was running has recently matured, and I'm in the position where I've made a reasonable profit :j.
Just wondered if anyone could advise me as to where I stand with CGT?
I understand that I'm able to open a single company ISA myself, and that I could sign over some of the shares to my OH, who could also open her own ISA, thus protecting any profits on 14k from the ever grabbing tax man :rolleyes:. I guess this is my best option to reduce my tax liability?
I presume that the 7k limit in a maxi ISA would be based on the current value of the shares, and not the purchase value? (surely I'd never get away with that one!)
Any help would be much appreciated
Just wondered if anyone could advise me as to where I stand with CGT?
I understand that I'm able to open a single company ISA myself, and that I could sign over some of the shares to my OH, who could also open her own ISA, thus protecting any profits on 14k from the ever grabbing tax man :rolleyes:. I guess this is my best option to reduce my tax liability?
I presume that the 7k limit in a maxi ISA would be based on the current value of the shares, and not the purchase value? (surely I'd never get away with that one!)
Any help would be much appreciated
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