jaketoynton

Hi, I have looked through the other threads on this topic and there is not yet a clear answer to my question. So, I will approach this with an example and if you could explain how CGT would be applied to the example amounts I would appreciate it. I am in a 3 year sharesave plan with my employer that will see my total input amount to £18000 and it matures in the 2025/26 tax year. I anticipate the shares will be worth approximately double upon maturity, ie £36000. I will immediately transfer £20000 worth of shares into a stocks and shares ISA. I will then sell all the shares. This leaves £16000 which could be subject to CGT. My question is, how much of this £16000 is liable for tax? Can I deduct my £18000 acquisition cost and £3000 CGT allowance and therefore no CGT would be due? Please explain how CGT applies to the amount that will not go into an ISA.