RE: Question re capital gains tax14 Nov 2023 19:48
Thank you. We had been told about possibly transferring to a spouse yes.
I think I am set to max the ISA, and cash it in, and sell the remaining straight away.
Based on £4 a share (£1.80 a share gains from the £2.20 set price) then I could move 5,000 shares to an ISA, and sell the other 3,181 which would work out £5,725.80 profit and not fall past the £6,000 threshold.
If it was say £4.20 a share (£2 profit per share) then i'd be moving 4,761 shares to the ISA, and then selling the remaining 3,419 at £6,838 profit - mean I think 10% fee on the £838 over 6k.
This is my understanding of it anyway.