Stocks and Shares ISA - sharesave scheme

I have a maturing sharesave scheme which will be around £27K. I am planning to transfer this directly into my stocks and shares ISA but understand that I am only able to contribute a maximum of £20K per tax year. Is there a way to transfer the entire £27K to the stocks and shares ISA and then immediately sell £7K to convert into cash that is then declared on my tax return? Alternatively is it possible to split the £27K between my own stocks and shares ISA and a separate one held by my spouse. I am not sure if the sharesave scheme allows for a split in the shares between 2 different destination accounts though.

Hi Alan Marchant,
No. The limit is £20k per annum no matter which type of ISA that you have.
With regards to the split with your wife, that is your choice and can be done if the sharesave scheme allows it.
You will need to ensure that no other funds have been invested in the ISA for this tax year for you to put in the 20k.
Thank you.