Can I put shares from my employee share scheme into my EQi Flexible Stocks & Shares ISA?

Yes, the EQi Stocks & Shares ISA is flexible.

This means if you already hold stock/cash you can move an amount out of your existing ISA and replace it in the same tax year. It is therefore within the tax rules to “make room” in your ISA for shares exceeding the £20,000 subscription limit in the 2021/22 tax year equal to the amount you are replacing, plus the subscription in the year if not already made.

All such shares, if moved into the ISA within 90 days from being available in the SAYE, would be free of Capital Gains Tax. If in any doubt about suitability to your personal circumstances you should seek professional financial advice.

- Submitted on 5th Apr 2021

Did this answer your question?