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Transferring shares from Sharesave scheme

Hi all,


I am looking to transfer some shares from my Sharesave scheme into a Halifax S & S ISA. Is it correct to say, the maximum value of the shares that I can shelter in 1 tax year is £15,240? Any more shares will have to be shifted in the following year?


Thanks!

Comments

  • eskbanker
    eskbanker Posts: 41,028 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yes, up to £15,240 this side of 5 April 2017 (assuming you haven't made any other contributions to cash/HTB/S&S ISAs this tax year), then up to another £20K in the 2017/18 tax year.
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