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Posted Wed, 10 Jan 2024 02:46:56 GMT by
I want to transfer paper certificate shares to a nominee account. Do I become liable for CGT when I transfer them?
Posted Tue, 16 Jan 2024 11:55:01 GMT by HMRC Admin 19 Response
Hi,

If you are selling them or gifting them, yes, you will be liable to Capital Gains Tax.

Thank you.
Posted Tue, 16 Jan 2024 14:55:17 GMT by
Thank you. I will, however, be neither selling them or gifting them but rather transferring the paper certificates to be held on my behalf by a company in digital form on my behalf. I can't discover whether this transaction is itself liable to CGT.
Posted Thu, 18 Jan 2024 14:53:32 GMT by HMRC Admin 25 Response
Hi Ross,
As the asset is not being disposed of and will remain in your posession, there is not capital gain from this transfer.
Thank you. 
Posted Thu, 18 Jan 2024 23:31:29 GMT by
Thank you!
Posted Sun, 28 Jul 2024 10:47:04 GMT by RedMango
Hi, If I sell the paper shares and then immediately buy back the shares within the nominee account does CGT apply, How does the 31 day window between selling and buying back the sames shares affect the transaction 

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