We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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 capital gains & stock ISA
Dickyseville2477
Posts: 3 Newbie
in Cutting tax
Hi, in the next few months I have a SAYE policy which is maturing. I will have paid in £10800 & the value at the end will be around 26000. I can’t transfer direct into my pension so if I want to take out all the money I believe my only option will be pay UP TO £20,000 into a stock & shares ISA. If I do this, how long do I need to wait until I can withdraw the cash from there & will it be tax free?
Thanks for any advice offered.
Thanks for any advice offered.
0
Comments
-
Have a read of this
SAYE, CGT And EQi’s Flexible ISA - Equiniti
You may be able to get the whole 26k worth of shares into a flexi ISA.
It is the shares you have to transfer into the ISA (not the sale proceeds).1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards