Easiest way to sell shares (paper certificates)

I seem to remember Jarvis of Tunbridge Wells being the cheapest some years ago. Don't know if they still are.

Rob Graham

Now is probably not a good time to sell unless either they are desperate for cash or the total value is small and the reduction in hassle is worth the trading loss.

If the value is not small, you need to consider capital gains tax, the need to do the calculations (which may involve a lot of chasing for lost paperwork) and that that problem goes away on death (although if the estate has to pay inheritance tax, the cost from that will be higher than anything that might have to be paid on capital gains, even if all the shares are windfall ones.

Your subject line said *easiest*, and that's probably through your bank, but that's not the cheapest.

why the hell not.

After a 50% increase in market value, taking your profits looks like a bloody good idea

tim

If the total sale is less than some threshold (is it 2x the CGT allowance?) then she will not need to do the capital gains tax calculation or report the sale to HMRC.

She can also sell some now and some after 5th April 2010 if that helps on the CGT front.

Robert

You always have to report it if the gain exceeds the threshold. You also have to report it if the total sale exceeds 5x(?) the CGT threshold, presumably because they find that in a lot of such cases, CGT is payable if the calculation is done properly.

With this sort of shareholding, there is a good chance that there several windfall shares, which are completely capital gains, when sold.

For simplicity, gains under £3,000 are covered by the small/trivial capital distributions methodoology, allowing any additional capital amounts (scrip dividends, DRIP etc) to be treated as recieved a the time of original purchase -