We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
SAYE tax free options
Options

trickydicky4321
Posts: 9 Forumite


Hi,
I have a SAYE plan which is due to mature. At current share price it's worth £25,000 of which £13,000 is profit, so liable to CGT. I'd like to put this money into my pension.
According to the government website, the 2 ways to not pay CGT on this money is to pay direct into a pension or pay into a Stock & Shares ISA. My pension only accepts cash payments, so I can't transfer the money directly into there. It appears my only option is to transfer into an ISA. My question is, can I transfer the shares into an ISA then immediately take the money out & not pay CGT? If not, is there a minimum period they need to be in an ISA before I withdraw and pay into my pension?
Thanks in advance for advice.
I have a SAYE plan which is due to mature. At current share price it's worth £25,000 of which £13,000 is profit, so liable to CGT. I'd like to put this money into my pension.
According to the government website, the 2 ways to not pay CGT on this money is to pay direct into a pension or pay into a Stock & Shares ISA. My pension only accepts cash payments, so I can't transfer the money directly into there. It appears my only option is to transfer into an ISA. My question is, can I transfer the shares into an ISA then immediately take the money out & not pay CGT? If not, is there a minimum period they need to be in an ISA before I withdraw and pay into my pension?
Thanks in advance for advice.
0
Comments
-
Clarification needed on 90 day SAYE shares to ISA transfer. — MoneySavingExpert Forum
may help..
I think for the Equiniti thing to work the money needs to come out of the ISA speedily but have a read of what they say.0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards