saye and cgt

[Trustmeimadoctor]

So we have some share saves maturing after the allowance goes down to 1k what can be done to minimise the impact as at the moment we would stand to have to pay an amount we would rather not have to seeing as we wouldn't now

Is there any way to minimise it? Or am I worrying over nothing (never had one before so it's new ground)

[fat80b]

I beleive that there is a way to both a) transfer them into an ISA directly and b) to transfer to a spouse to use their allowance.

I can't quite remember the details, but I want to say that when I did this, the option to do this was part of the platform we used and I ended up with an amount in a YBS ISA that were then CGT exempt as well as the balance split across myself and the wife.

[Somebody]

For tax efficiency I used to transfer them into an ISA or SIPP on maturity within 90 days - see https://www.gov.uk/tax-employee-share-schemes/save...

SIPP is better as you get 25% top up as tax relief.