Trading the stockmarket (NO Referrals)

AlphariusOmegan said:
You will not have to pay Capital Gains Tax on any gains you make on your shares if you move them to an ISA . You must transfer your shares to your ISA within 90 days of when you took out your SIP or SAYE shares. Next month will be the 3rd time I've done this with my SAYE scheme. You will need a Letter of Appropriation to show the shares qualify for the SAYE scheme, if you get the shares as a paper certificate you will also need to transfer them to digital shares using a Crest form. Your S&S Isa provider should have the required forms and information

www.gov.uk

Tax and Employee Share Schemes

Tax advantages on employee share schemes including Share Incentive Plans, Save As You Earn, Company Share Option Plans and Enterprise Management Incentives
www.gov.uk www.gov.uk
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how does the 90 days it work for SIP? as I purchase it pre-tax every month and they are taxable, as it the amount I used to pay for the shares if I sell the shares within 5 years, I also lose my free "partner" shares awards if I seel up before 3 years?

I guess it doesn't and it's the price I pay for having a 40% tax + NI discount at purchase and 100% free shares..
 
I don't know I've not had experience with SIP, your best bet would be to either call HMRC or speak to your S&S ISA provider, I know when I was trying to figure out how to get my shares into the ISA a financial advisor took about 4 months to respond and didnt even answer the question but speaking to the ISA provider I got the answer and forms within 30mins.
 
I've some Severn trent shares. With a company called infinity. Is there anyway I can transfer them to a isa so when I decide to cash them I Im not liable to capital gains tax. At the moment I can only take out 3k before Im liable and I will take several years to get it all out thanks
 
Beans on toast Dave said:
I've some Severn trent shares. With a company called infinity. Is there anyway I can transfer them to a isa so when I decide to cash them I Im not liable to capital gains tax. At the moment I can only take out 3k before Im liable and I will take several years to get it all out thanks
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You usually can't transfer into an ISA to avoid CGT. If they are in a share plan then people are talking about that above.
 
No matter how much red you see it could always be worse.

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25% down now :cry:
 
413x said:
Pretty sure my years gains have been wiped out in a few days lol
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AI was getting a bit too hot for my tastes but I wanted to stay in the market, so I rebalanced my portfolio around 3 months ago and moved the bulk of it into a single low cost all world ETF.

It reduced my exposure to the S&P 500 by a fair bit compared to where it was, so thankfully I'm still up since then. Only just though!

My next monthly buy date is scheduled for the 13th (I hate superstition so chose it for that reason) - What's the betting everything recovers by then?

I'm tempted to make an adhoc purchase and dump a few £K in this afternoon, but trying to time the market has never served me well in the past. Any opinions welcome.
 
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This is the nail in coffin for me. I was doing 50/50 etf to single stocks. After this I'm just going to do 100pc etfs. And forget about it.

Quite a few stocks I've swung from nice profit to bad loss.. In a week.

You guys have said it for ages! Now I've finally been spanked into shape!
 
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Man intel getting hammered.

I sold my tesla in the high 250s, took a nice profit so nice timing.

Bought AMD at 155 and all my profits gone :) Which is a shame since they reported better than expected earnings!
 
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