CGT and All Employee Share Plans

The_Salad

I participate in a scheme at work which allows you to buy shares out of your salary before deduction of Income Tax and National Insurance contributions. You can spend up to £1,500 in any tax year on partnership shares (or up to ten per cent of your income for the tax year if that is less).

I want to sell some shares which I've held for longer than 5 years so won't be subject to IT or NI. But may be subject to Capital Gains Tax. Given that I've purchased shares each month (£125 worth) how would CGT be calculated and is there any way of avoiding it . . . say transferring directly in to an ISA?

Any help would be greatly received.

The_Salad

Actually, I read there is an individual CGT allowance of £10.6k. MY share sale is only £3k so looks like I'm in the clear.