Help & FAQs

What is the criteria for investing in savings-related share option schemes or employee Share Incentive Plans (SIP) into my Shares ISA?

Investments can be directly transferred into a Shares ISA providing they have been acquired by the investor from a schedule 3 Save As You Earn (SAYE) option scheme or a schedule 2 Share Incentive Plan (SIP).

Please note: Investments cannot be directly transferred into an ISA in any other circumstances, these can be transferred in a Dealing Account, however this account would not receive any tax benefits.

For further information on this regulation, click here.

Submitted on 18th Feb 2019

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Risk Warning

The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Selftrade does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.

The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.

The extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If your options change regarding an employer's pension scheme you may wish to review your financial situation. Once in a pension your money is only accessible, in general, from age 55.

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