CGT on shares sold as part of an Estate

Good evening, My wife and I are executors of our son’s estate who passed away intestate on 14/08/2021. We are also the sole beneficiaries of the estate. He had shares that were valued at £4704.50 at the time of his death and are now valued at £4915.50 Is there any CGT is there any CGT to pay. The shares are still in his name is there a different selling process if we transfer them into our names. The estate was not ascertained for IHT at probate. Thanks.

Hi,
The increase in value is below the annual exempt amount for CGT for 24/25 so no capital gains tax is due.
Thank you.

Thank you for that response. Does your statement apply whether we sell the shares in his name as executors, or if we transfer them to our name, then sell them. I only ask because when we recently sold his house, we were told by HMRC that because the property was still in our son’s name, no personal allowance could be used and we had to pay CGT on all the gains minus Estate agents and solicitor’s fees.

Hi Glenne Nelson

Please have a look at Capital Gains Tax rates and allowances, for the "annual exempt amount for other trustees".  
If the gain arising from the disposals in for the whole tax year is covered by the annual exempt allowance, then there is no tax to pay.  
If there is no tax to pay, there is nothing to declare for capital gains purposes.

Thank you