Tax efficient way to cash in employers share scheme

dodgymix

I've been looking on line to try and figure out how I can release the cash

Basically I've invested £15k in the scheme in total over 5 years

The value has gone up to £95k

If I cashed it in I assume I'd get £15k (original funds) + £10.9k tax free annual allowance

What tax would I pay on the difference?

I understand I can also gift £10.9k to my spouse to use their tax free allowance

I've read some where I could inject finds into a stocks and shares isa £10.2k

How quickly could I cash in a s&s isa?

Obviously I could also wait till next April and get the £10.9k annual capital gains again


Is there better ways to reduce tax liability here

I know I've done really well and shouldn't be greedy but don't really want to lose loads of it on tax but I understand the risks of shares

Regards and thsnks in advance
Bob

thenudeone

Spreading the sale out over several years to use up each year's CGT allowance is a good way to do it.

What "scheme" was it - there may be different rules for HMRC approved sharesave schemes (although not sure about that)