Stock Transfer Form
To transfer shares for a private limited company you will need to complete a stock transfer form by providing the following information:
Consideration money - how much is being paid for the shares - usually 'nil' for a share transfer between spouses.
Full name of undertaking - the company name (e.g. ABC Limited)
Full description of security - enter the class or type of shares being transferred (e.g. Ordinary £1 Shares)
Number of shares - complete the number of shares you wish to transfer in both words and figures (e.g. 'Twenty Five' & '25')
Name and address of transferor - enter the name and address of the person relinquishing their shares
Signature of transferor - transferor to sign and date
Name and address of transferee - enter the name and address of the person receiving the shares
The transferor will need to sign and date the second page of the stock transfer form if the consideration money (i.e. how much is being paid/received) for the shares is less than £1,000 - by filling out this section you won't need to inform HMRC.
Stamp Duty
If the consideration (money received) for the shares is £1,000 or more you will need to send it to HMRC's Stamp Office. For more information on how much you’ll need to pay and where to send the stock transfer form, click the following link:
Confirmation Statement
When you come to do your annual company confirmation statement you will need to adjust the shareholding with Companies House at that point.
However, we suggest informing Companies House at the same time as it can be a costly mistake if you forget to adjust the shareholding. You can file your confirmation statement early by clicking on the following link: