Have Tax Questions? Ask a Tax Expert for Answers ASAP
You will be be able to claim business asset disposal relief which will enable you to pay reduced capital gains tax at 10% if you can meet the necessary conditions.
Please find below the HMRC relevant extract:
If you’re selling shares or securities
To qualify, both of the following must apply for at least 2 years up to the date you sell your shares:
you’re an employee or office holder of the company (or one in the same group)
the company’s main activities are in trading (rather than non-trading activities like investment) - or it’s the holding company of a trading group.
There are also Targeted Anti-Avoidance Rules (TAAR) to be aware of as you could lose the relief if you set up a similar company within 2 years of claiming it.