Chris Millar
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RE: Transfer from SAYE into an ISA
Hi...Just so I am clear on this. Suppose i have a SAYE scheme which on maturity in October is valued at £40,000. I can transfer £20,000 into an ISA and it is sheltered from CGT etc. As the next tax year is more than 90 days away is there any way I can put the remaining £20k into a 'shelter' for the following Tax year's ISA allowance without triggering CGT? If the answer is NO. ten can i transfer £20k into an ISA and £20k into a pension? If i can do this, then when doing a self assessment I assume i could gross up the pension contribution. Please confirm if this is right and what the grossed up amount would br. Thanks