Jane De Vries

I am considering gifting shares in my Ltd company to my daughter who is turning 18 shortly. I assume CGT will be due on the value of the shares unless we jointly apply for gift holdover relief. If we apply for relief on shares valued at £10,000 at the time of gifting, but in later years the company is wound up when the same shares are worth considerably less, say £1,000, what would be my daughter’s capital gain crystallised at that point? (The cost of the shares to me was zero). Many thanks for helping my understanding.