Sharesave to ISA
Discussion
Just this very evening I have set up a Trading 212 Flexible Cash ISA with new customer bonus interest rate of 4.68%, all quite simple to set up - create T212 account, verify email, verify ID etc and then transfer the money in from bank.
To get the new customer bonus I needed to go via a link from MoneySaving Expert website news letter that was advertising the deal, otherwise you just get the standard rate. Though once set up there is an option in settings to add a Promo Code, and I have read that MSE works.
So maybe cash in your Shareseve and do similar, though I think the T212 bonus rate expires on 16/3/26
To get the new customer bonus I needed to go via a link from MoneySaving Expert website news letter that was advertising the deal, otherwise you just get the standard rate. Though once set up there is an option in settings to add a Promo Code, and I have read that MSE works.
So maybe cash in your Shareseve and do similar, though I think the T212 bonus rate expires on 16/3/26
Unknown-user said:
Thanks for the reply.
I am looking to transfer the shares in, not cash otherwise I ll be liable for CGT. From what I ve read online T212 don t allow sharesave transfers but I could be wrong
Ahh, sorry, I didn't realise they were to remain as shares, in which case I can't help I am looking to transfer the shares in, not cash otherwise I ll be liable for CGT. From what I ve read online T212 don t allow sharesave transfers but I could be wrong
Unknown-user said:
Hello,
I have a sharesave with Equiniti due to mature at the end of the month. I am looking to transfer to an ISA to save on CGT, just wondering on peoples opinions on the easiest way to do this?
Thanks
As I recall Equiniti offer their own ISA, which you can choose to put the shares straight into at maturity. Probably not the most competitive ISA product in terms of fees, but it's an easy option and, once the shares are in the ISA, it's much simpler to transfer to another ISA provider.I have a sharesave with Equiniti due to mature at the end of the month. I am looking to transfer to an ISA to save on CGT, just wondering on peoples opinions on the easiest way to do this?
Thanks
It is possible to put sharesave shares directly into a third party ISA, I did it a few years ago, but it was a bit more of a faff versus using the Equiniti ISA. Forms to send off via snail mail and so on. There's a 90 day period after which you lose the ability to transfer sharesave shares directly into an ISA, I can't recall if it's from the date of maturity or from the date you exercise the option to buy the shares.
The other thing to keep in mind is that the date you instruct them to put your shares into the ISA determines whether it counts towards this tax year's ISA allowance or next year's.
I just did this with my companies shares. into the equitina isa.
Im not keen on the platform its clunky and feels old fashioned compared to the modern ones but it does the job.
£4.99 a month to run it (UNDER 50K INVESTED) seeing as the next 3 years i will have more company shares its a no brainer to keep now. Bonus is they were in under the current tax year.
Im not keen on the platform its clunky and feels old fashioned compared to the modern ones but it does the job.
£4.99 a month to run it (UNDER 50K INVESTED) seeing as the next 3 years i will have more company shares its a no brainer to keep now. Bonus is they were in under the current tax year.
Somebody said:
Pando99 said:
90 day ISA transfer - simples
Just need a stocks n shares ISA to transfer it into
This. I've previously done stock transfers to AJBell, and also HL. Just pick a provider with the lowest fees.Just need a stocks n shares ISA to transfer it into
I can't recall what it's named, I've stuck with 'bed and breakfasting', I know I'm not quite right. You have to fill in an online form or two, but it's surprisingly simple.
Pando99 said:
90 day ISA transfer - simples
Just need a stocks n shares ISA to transfer it into
Aha, Google AI says:Just need a stocks n shares ISA to transfer it into
said:
To transfer shares into an ISA within 90 days, follow these steps:
You can transfer up to £20,000 of employee shares into an ISA if they were acquired from a HMRC-approved scheme or withdrawn from a Share Incentive Plan (SIP) within the last 90 days.
Ensure that your ISA provider agrees to the transfer.
You will not have to pay Capital Gains Tax on any gains made on the shares if you move them to the ISA.
The transfer must be completed within 90 days of exercising your SIP or SAYE shares.
For more detailed guidance, consult your employer or ISA provider.
I haven't an employer since 1990 so my playing field is a bit different!You can transfer up to £20,000 of employee shares into an ISA if they were acquired from a HMRC-approved scheme or withdrawn from a Share Incentive Plan (SIP) within the last 90 days.
Ensure that your ISA provider agrees to the transfer.
You will not have to pay Capital Gains Tax on any gains made on the shares if you move them to the ISA.
The transfer must be completed within 90 days of exercising your SIP or SAYE shares.
For more detailed guidance, consult your employer or ISA provider.
Did this last month on options that were granted in Oct-25 - but it was Computershare.
They were v good when I got them on the phone.
They option was exercised and transferred into a HL normal share trading account.
This was then moved into an ISA.
I needed a LETTER OF APPROPRIATION which Computershare sent out the following day after I took the options.
The value (fortunate for me) was above the £20k ISA limit so I asked them (HL) to move the permitted amount into the ISA for 25/26, and I will move the remainder next month in the 26/27 allowance.
There was a £40 transfer fee payable to Computershare.
Overall, the process took approx 1 week.
They were v good when I got them on the phone.
They option was exercised and transferred into a HL normal share trading account.
This was then moved into an ISA.
I needed a LETTER OF APPROPRIATION which Computershare sent out the following day after I took the options.
The value (fortunate for me) was above the £20k ISA limit so I asked them (HL) to move the permitted amount into the ISA for 25/26, and I will move the remainder next month in the 26/27 allowance.
There was a £40 transfer fee payable to Computershare.
Overall, the process took approx 1 week.
Hi, I did this last year with HL, who were really good and guided me through everything they needed. Basically the shares transferred into a holding non-ISA account temporarily, and were then subscribed to an ISA up to 20k (I was able to add the full amount of my shares), with no CGT.
Here's some more detailed info on the HL steps / process, which seemed quite complex to me (and I've worked in Financial Services for 30 years), but worked in the end!
1) Complete and return our Share Scheme Transfer application form in the post along with some additional paperwork proving the scheme is HMRC approved (see below for help).
2) We’ll arrange to transfer your shares to HL and into your Fund & Share Account.
3) Once the shares have arrived, we’ll move as many whole shares as possible into your HL Stocks and Shares ISA up to the ISA allowance of £20,000. Any shares left over will stay in your HL Fund & Share Account.
Where the shares have come from a HMRC approved Share Scheme, they don’t have to be sold before being moved into an ISA. This is subject to a 90-day deadline either from the date you ask the provider to transfer the shares to you (for a Share Incentive Plan or SIP), or the date on which you ‘exercise the option’ to take the shares (for a Save As You Earn or SAYE). If you miss the deadline, you can still move the shares to HL, but you’ll need to sell and repurchase them to move them into an ISA. This is considered a disposal for capital gains tax purposes. Tax rules can change, and benefits depend on your personal circumstances.
In order to ensure that your shares can be transferred to an HL Stocks and Shares ISA, we’ll need some additional paperwork. This needs to include:
· A statement which confirms your shares have come from an HMRC-approved Share Save or Save As You Earn scheme (SAYE) or Share Incentive Plan (SIP). This is normally included in your maturity documents.
·The account details of your scheme
· The name of your scheme
·The number of shares being transferred from your scheme
· For SAYE schemes, the date which you chose to buy the shares rather than take the cash. This is referred to as the 'date that you exercised your option' or the 'exercise date'. We're unable to accept documents that only refer to the 'allotted' date.
· For SIPs, if your shares have left the plan account before your transfer to HL, the date that your shares left the plan account. This can be evidenced by an opening statement for the account the shares are now held in.
While the Share Scheme Transfer application form needs to be sent in the post, this evidence can be uploaded electronically upon request of a link to do so.
If you have not received these documents, please contact your current provider who will be able to assist you with obtaining them.
If your Share Scheme gives you certificated shares, you do not need to contact your current provider that looks after your Employee Share Scheme. Instead, please send the certificates to us along with your completed Share Scheme Transfer application form. You will also need include the relevant information/evidence from the list above, and you'll need to complete the Crest Transfer Form so that we can re-register the shares in nominee (electronic) format.
Once we’ve received your certificates we’ll allocate them to your HL Fund & Share Account then move as many as possible into your HL Stocks & Shares ISA.
Here's some more detailed info on the HL steps / process, which seemed quite complex to me (and I've worked in Financial Services for 30 years), but worked in the end!
1) Complete and return our Share Scheme Transfer application form in the post along with some additional paperwork proving the scheme is HMRC approved (see below for help).
2) We’ll arrange to transfer your shares to HL and into your Fund & Share Account.
3) Once the shares have arrived, we’ll move as many whole shares as possible into your HL Stocks and Shares ISA up to the ISA allowance of £20,000. Any shares left over will stay in your HL Fund & Share Account.
Where the shares have come from a HMRC approved Share Scheme, they don’t have to be sold before being moved into an ISA. This is subject to a 90-day deadline either from the date you ask the provider to transfer the shares to you (for a Share Incentive Plan or SIP), or the date on which you ‘exercise the option’ to take the shares (for a Save As You Earn or SAYE). If you miss the deadline, you can still move the shares to HL, but you’ll need to sell and repurchase them to move them into an ISA. This is considered a disposal for capital gains tax purposes. Tax rules can change, and benefits depend on your personal circumstances.
In order to ensure that your shares can be transferred to an HL Stocks and Shares ISA, we’ll need some additional paperwork. This needs to include:
· A statement which confirms your shares have come from an HMRC-approved Share Save or Save As You Earn scheme (SAYE) or Share Incentive Plan (SIP). This is normally included in your maturity documents.
·The account details of your scheme
· The name of your scheme
·The number of shares being transferred from your scheme
· For SAYE schemes, the date which you chose to buy the shares rather than take the cash. This is referred to as the 'date that you exercised your option' or the 'exercise date'. We're unable to accept documents that only refer to the 'allotted' date.
· For SIPs, if your shares have left the plan account before your transfer to HL, the date that your shares left the plan account. This can be evidenced by an opening statement for the account the shares are now held in.
While the Share Scheme Transfer application form needs to be sent in the post, this evidence can be uploaded electronically upon request of a link to do so.
If you have not received these documents, please contact your current provider who will be able to assist you with obtaining them.
If your Share Scheme gives you certificated shares, you do not need to contact your current provider that looks after your Employee Share Scheme. Instead, please send the certificates to us along with your completed Share Scheme Transfer application form. You will also need include the relevant information/evidence from the list above, and you'll need to complete the Crest Transfer Form so that we can re-register the shares in nominee (electronic) format.
Once we’ve received your certificates we’ll allocate them to your HL Fund & Share Account then move as many as possible into your HL Stocks & Shares ISA.
Unknown-user said:
I have a sharesave with Equiniti due to mature at the end of the month. I am looking to transfer to an ISA to save on CGT, just wondering on peoples opinions on the easiest way to do this?
I have just done this, and actually used EQI (part of Equiniti) because they have a flexible ISA product, which — if your Sharesave is worth more than a single year’s ISA allowance — means you can transfer in the first piece, sell it, withdraw the cash, and then go againTH
Sorry for the thread high jack but does anyone know if it’s possible to transfer shares to and ISA if received via deferred shares bonus plan (DSBP) or would I need to bed and ISA after the relevant taxes are paid?
I have some vesting in the summer. These are also held with Equiniti.
I have some vesting in the summer. These are also held with Equiniti.
Sorry, I’ve tried to reply a few times but it wouldn’t let me due to being a new member.
I ended up using the Equiniti S+S ISA so I could hopefully squeeze it into this years allowance. Don’t know much about S+S ISA’s, I think the fees on this one are quite high but I’ll probably need up withdrawing the cash anyway! Thanks for everyone’s replies.
I ended up using the Equiniti S+S ISA so I could hopefully squeeze it into this years allowance. Don’t know much about S+S ISA’s, I think the fees on this one are quite high but I’ll probably need up withdrawing the cash anyway! Thanks for everyone’s replies.
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