From: Ronald Raygun 
Subject: Re: Transfering shares into another persons name...
Newsgroups: uk.finance
Date: Thu, 08 Mar 2007 23:19:11 GMT

Tumbleweed wrote:

> 
> "Ronald Raygun"  wrote in message
> news:9fRHh.499$DX5.154@text.news.blueyonder.co.uk...
>> Inch High Private EYE wrote:
>>
>>> How long does it normally take ? a friends dad wants to transfer the
>>> shares into his sons name , so he can sell them and use them towards the
>>> deposit for his house....
>>
>> Why doesn't he sell them himself and give his son the money?
>>
> 
> at a guess, because he thinks its a way round CGT? WhIch obviously it
> isnt.

Quite.  Maybe it's not the father but the son who wants to pull a fast
one.  The father might want to give him the shares as something to hold
on to, but sonny wants to flog them off as soon as possible and turn
them into a cash deposit.