Hi,*About ** years ago whilst working for a merchant bank I purchased on behalf of my b...
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Hi,*About ** years ago whilst working for a merchant bank I purchased on behalf of my brother *** BP shares, which are registered in my name.*I now wish to transfer ownership to my brother and require to know:**. the capital gains tax liability**. any stamp duty requirements of the transfer*the current value of the shares is £*.**** with a total value of £*,***.****neither of us are making any other capital gain activities this year, other than this one*I wish to make a simple transfer, at £*.**What is the tax*stamp duty liability on this zero cost transaction**Peter Cousins
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