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Also, once this is dealt with, i'm planning on moving £85,000 in to another 12 month saver at around 5.5% interest. That works out that the 85k would be worth 89,675.

Would I pay take on just £3,675 (assuming my first 1k is tax free) of that next year, and would it be 20% of that?

Hello - was hoping somebody could help please.

I have a share scheme (SAYE) which matured today and I have excercised the option to move all of this to my stocks and shares ISA. I am maxing out my £20,000 and plan to take that out once it's done.

Regarding the rest, the price at the moment works out £6,838 gains, so I will be due to pay 10% of what is over £6,000.

So for this i'm looking around £84 capital gains tax.

The second thing, I have £50,000 which is in a 12 month saver, which matures next week at 4.07%. So the £50,000 will then be worth £52,035.

My understanding (but could be wrong) is that £1,000 I wouldn't get taxed on, and the other £1,035 I would. If it is 20% then I was expecting a charge of around £207 for this.

The two questions I've got, are do the two things above affect each other in any way?

And how do I go about reporting this, with HMRC? I am more than happy paying any charges, but it is so complicated.

I am not a hugely wealthy person, I only earn around £26/27k a year, but I need help on what the right thing to do is here.

Hopefully somebody can help!

Thank you