Tax free childcare threshold & share plan

Hi, I am leaving my current role at the end of the tax year and as a result will have to leave the share plan with my current employer. These shares are purchased through a share incentive plan and have been held for various lengths of time - some over 5 years and some under. In doing this I will need to either sell the shares I have in the plan and take the cash or convert to shares. The cash funds will likely be moved to a stocks and shares ISA. How does this impact my adjusted net income for the purposes of the tax free childcare and additional funded hours threshold of £100k. Should I opt to sell the shares and receive the cash from the sale of this be included in my adjusted net income amount or are they separate to this? If they are I assume if I convert to shares they won’t be part of my adjusted net income? Thanks

Hi ,
 

While we can't advise you on whether to sell your shares, capital gains made from the sale of shares are not included in your adjusted net income. Thank you .

Thank you I wasn’t looking for a steer on whether I should or shouldn’t sell it was to understand if there would be any impact on my adjusted net income. However, from your response it sounds as though there will be no impact as it will all fall under capital gains tax and how that would apply to leaving a share incentive plan. I just wanted to check as I understand that removing shares from the plan will result in needing to pay income tax and NI on the ones that have not reached 5 years.