Company Sharesave to ISA

mrshoops69

Does anyone know if i can transfer the proceeds of some shares into a Cash ISA without paying CGT?

jimjames

No, but you can transfer from some into a S&S ISA. I guess you could then sell them all and move it to a cash ISA or keep as cash in the S&S ISA.

Mark_d

You could sell come shares, where the gain is under the CGT allowance, and put the amount in to the cash ISA.  Maybe you can keep the remainder of the shares in the sharedealing account and sell more shares next financial year.

mrshoops69

When I googled it I got a different response

Brie

Have you been made redundant or retired?  I think different rules might apply if that's the case.  I know there was something special if I wanted to transfer mine within 3 months of the maturity date or something.  

MeteredOut

mrshoops69 said:

When I googled it I got a different response

What did you google and what was the response? If it was Google's AI's response, it can (and does) get things completely wrong. I've found its "understanding" (yes, I know it doesn't understand anything it outputs) of financial matters can be particularly lax.

Are the shares worth more than £3K. Do you have any CGT allowance remaining for this tax year?

Have you read about Bed-And-ISA?

https://www.fidelity.co.uk/markets-insights/ask-fidelity/capital-gains-how-do-the-bed-and-isa-rules-work/