Can shares be gifted to a company and gift relief be claimed. I thought it could providded s/h were not non UK res and connected - however seen it also stated that not possible
TaxmanJoe
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Errm
S165(3)(b) did indeed refer to retirement relief, but that section was repealed with effect from 6 April 2003.
S165(3)(ba) as per my post was introduced from 20 Oct 2003 and states
"(ba) in the case of a disposal of shares or securities, the transferee is a company".
Erm...
165(3) b refers to schedule 6 of TCGA 1992 which is all about retirement relief - as this has been phased out I doubt that this is relevant