Company Shares or ISA

jimjames

pecunianonolet said:

ISA allowance is only 20k again next year but would the bought back shares not count against the UK ISA allowance? So if you would only sell/buy back worth 5k, would the remaining allowance of 20k remain to fill a cash ISA? I guess not, as there is a consultation first on UK-ISA but no confirmed introduction date.

There is no UK ISA allowance so the only allowance available is £20k. The UK ISA might happen at some future date but it's only just being consulted so even if it does happen it will be some way into the future (and beyond any general election)

Hoenir

Stegor said:

Hi all, had a thought over the weekend whether it would be better to sell the shares, remaining below the CGT threshold, then put them into my pension. My question on this would be whether to pay it all into my workplace pension (tax free but NI paid) or pay some into there ensuring my wages remain below the Higher Rate threshold and pay the rest into a SIPP or is the S&S ISA the way to go. Any thoughts appreciated, thanks

Only 8 working days left in this tax year now. Decisions need to be made pronto. 

pecunianonolet

jimjames said:

pecunianonolet said:

ISA allowance is only 20k again next year but would the bought back shares not count against the UK ISA allowance? So if you would only sell/buy back worth 5k, would the remaining allowance of 20k remain to fill a cash ISA? I guess not, as there is a consultation first on UK-ISA but no confirmed introduction date.

There is no UK ISA allowance so the only allowance available is £20k. The UK ISA might happen at some future date but it's only just being consulted so even if it does happen it will be some way into the future (and beyond any general election)

Yes, as I said, under consultation.