SAYE: Transfer shares to spouse then ISA ?

[chrisdk]

Receiving some conflicting (free) advice on this so after any pointers from the PH hive mind.

Save As You Earn scheme maturing later this year, I want to liquidate the lot and my plan was:

• Transfer to share investment account then
• Transfer £20k worth into ISA
• Sell a number of shares upto CGT threshold
• Transfer all other shares to my spouse
• They would then sell (no ISA usage) and incur (lower rate) CGT

Am I missing a trick here ? I’d understood my spouse couldn’t transfer any shares into ISA (as they were gifted) but can anyone point me to any guidance to confirm or to the contrary ?

Cheers.

[Somebody]

It's correct that you can't transfer shares from a GIA into an ISA without first liquidating and buying back in the ISA.

You are allowed to transfer SAYE shares directly into a SIPP in specie, or an ISA (ISA within 90 days of SAYE maturity) with no CGT consideration, obviously in your own name: https://www.gov.uk/tax-employee-share-schemes/save...

I don't think there is any other way to transfer amounts to an ISA in your other half's name unless you cash in some of the shares and transfer £££ to her.