New Posts For Thread: Company Share save schemehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23725822/company-share-save-schemeHello folks,i work for a global company and contribute 5% of my salary toward a company share save scheme, which contributes one share free, for every one I buy. The share price has dropped a fair bit, but has started to recover, between q4 2009 andShould it be capital gains liable then use the financial years to ensure you use you tax free allowance up each year - e.g. sell March 31st a batch then April etc.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23725822/company-share-save-scheme?post_id=425962494#425962494Should it be capital gains liable then use the financial years to ensure you use you tax free allowance up each year - e.g. sell March 31st a batch then April etc.Wed, 06 Jan 2010 18:23:59 -0600Usual capital gains rules will be applicable and unless chance of your company going busto then i think you can think of it as free money.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23725822/company-share-save-scheme?post_id=425962490#425962490Usual capital gains rules will be applicable and unless chance of your company going busto then i think you can think of it as free money.Wed, 06 Jan 2010 18:22:31 -0600It is classed as income and taxable if sold within 5 years, after 5 yrs then tax free i believe.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23725822/company-share-save-scheme?post_id=425962486#425962486It is classed as income and taxable if sold within 5 years, after 5 yrs then tax free i believe.Wed, 06 Jan 2010 17:56:32 -0600Yeh, I believe you are right, i need to get some decent advice. The amounts are substantial to us, and with some (expected) reasonable growth, it will get bigger.I went into this schem thinking free money....5% a year straight off the salary...doublhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23725822/company-share-save-scheme?post_id=425962478#425962478Yeh, I believe you are right, i need to get some decent advice. The amounts are substantial to us, and with some (expected) reasonable growth, it will get bigger.I went into this schem thinking free money....5% a year straight off the salary...doublWed, 06 Jan 2010 12:28:06 -0600if its for a sizeable contribution it may be worthtaking some financial advicei am personally not a fan of keeping hold of these company share save schemes as you are putting all your eggs in one basket and most of your wealth (particularly in your chttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23725822/company-share-save-scheme?post_id=425962474#425962474if its for a sizeable contribution it may be worthtaking some financial advicei am personally not a fan of keeping hold of these company share save schemes as you are putting all your eggs in one basket and most of your wealth (particularly in your cWed, 06 Jan 2010 12:24:17 -0600PS Thanks a lot for the link!!https://community.betfair.com/tradefair__financials/go/thread/view/94198/23725822/company-share-save-scheme?post_id=425962470#425962470PS Thanks a lot for the link!!Wed, 06 Jan 2010 12:20:30 -0600yes, married and the mrs works for the same mob. Both contributing.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23725822/company-share-save-scheme?post_id=425962466#425962466yes, married and the mrs works for the same mob. Both contributing.Wed, 06 Jan 2010 12:20:06 -0600http://www.hmrc.gov.uk/helpsheets/hs287.pdfthat should do the trickyou need to speak to your HR to find out whether your share scheme is approved by the HMRC for special CGT treatment or nowhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23725822/company-share-save-scheme?post_id=425962462#425962462http://www.hmrc.gov.uk/helpsheets/hs287.pdfthat should do the trickyou need to speak to your HR to find out whether your share scheme is approved by the HMRC for special CGT treatment or nowWed, 06 Jan 2010 12:18:53 -0600are you married?https://community.betfair.com/tradefair__financials/go/thread/view/94198/23725822/company-share-save-scheme?post_id=425962458#425962458are you married?Wed, 06 Jan 2010 12:14:29 -0600Hello folks,i work for a global company and contribute 5% of my salary toward a company share save scheme, which contributes one share free, for every one I buy. The share price has dropped a fair bit, but has started to recover, between q4 2009 andhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23725822/company-share-save-scheme?post_id=425962454#425962454Hello folks,i work for a global company and contribute 5% of my salary toward a company share save scheme, which contributes one share free, for every one I buy. The share price has dropped a fair bit, but has started to recover, between q4 2009 andWed, 06 Jan 2010 12:06:22 -0600