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bigduckontax
bigduckontax, Accountant
Category: Tax
Satisfied Customers: 10398
Experience:  FCCA FCMA CGMA ACIS
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I personally own 80% of the shares in a UK LTD company. I

Customer Question

I personally own 80% of the shares in a UK LTD company. I would like to create a new personal holding company, wholly owned by me, and transfer my share shareholding to this. Can i do this without being liable for capital gains and stamp duty?
JA: What are the assets or property for this capital gain?
Customer: shares
JA: Anything else you want the Accountant to know before I connect you?
Customer: no
Submitted: 1 year ago.
Category: Tax
Expert:  bigduckontax replied 1 year ago.

Hello, I am one of the experts on Just Answer and pleased to be able to help you with our question.

Yes, providing no consideration is involved.