Does anyone here have any advice? Since 2010 I have been looking after the financial affairs and admin for a road freight company, which has grown considerably since then. The managing director has always been the sole shareholder, but she is now thinking of transferring 49 of the 100 shares to her son, who is also a director. This is likely to have implications re capital gains tax, possibly inheritance tax too. Of course a lot depends on the valuation of the shares at the time of transfer.
