I have a 2 company share schemes that mature in the bear future and I wonder what the most tax efficient ways of withdrawing the money into a long term fund for my son.
The first scheme is an employee sharesave scheme and at current prices is around £12k (8k profit) that matures January '25.
The second is an employee retention bonus that I receive In mid 2026 that today is worth 23k.
A colleague has said that I can sell the shares when I receive them and put them into an ISA within 90 days of recieving them (provided I have the ISA allowance remaining) I can be exempt from capital gains. Is this true?
Thanks in advance!
original posted by SleepyWeasel85 to r/personalfinance on Wed, 28 Feb 2024 15:58:26 GMT.