RE: Entertainer14 Oct 2022 10:52
Well SAYE is out at £1.82., Thats a good price. However it reads to me that there will now be a 40% tax at the end of the scheme. I dont really see that as worth my while. Im currently in a 3 year at £500 a month at £2.48 but no 40% at at the end. Was going to cancel it and restart a 5 year at the currently price. Just a quick bit of head math, £32,500 in and if shares was at a generous £3.64 drawing £65k, £13k to the tax man and £19,500 in mi pocket or £3900 a year. Not sure its worth it