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Quite often, a shareholder (who may also be a founder) wishes to gift his or her shares to another shareholder (who may also be a co-founder), or to a family member of his. The good news is that there is no Capital Gains Tax on gifts of assets (including shares) you give to your spouse or civil partner.
One of the simplest ways to get your kids started in stocks is to set up a custodial brokerage account. You'll be able to transfer existing shares of stock, mutual funds or other securities from your account to the custodial account, or buy specific securities directly within the custodial account.
The seller of the shares completes and signs the stock transfer form. Where necessary, the buyer signs the stock transfer form. If required, the form is sent to HMRC for stamping and stamp duty is paid. The company receives and checks the transfer documents.
The transfer of demat shares could be to different demat accounts of the same person or to another person. Under the new SEBI regulations, it is mandatory for the transferor to clearly mention the purpose of the transfer.