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Sharesave Scheme and Tax

The_Realist · 2011-06-01 19:52:59

Hi All, I will have paid £9k into a sharesave and including the bonus it equals £9250. The shares have done well and in 15 months I might be able to take out circa £37k. Can someone please advise on CGT? My understanding is: £9250 back from the investment £10600 CGT free gain £10680 transfer directly into a share ISA??…

Comments

chris_m Posts: 8,250 Forumite

21 February 2013 at 2:41PM

akamustang wrote: »

So it's an instant profit with zero risk, not counting the risk that the share price increase might not be able to beat other investments.

And the risk that any interest/bonus paid on your original investment is less than you could have got elsewhere and the share price goes down and you decide to just have your money back.

Other than those two risks, they are pretty well a no brainer.

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