CGT reduction?

[Joolakker]

Hi,

I've been trading 6 months through a Ltd Company and will now be taking a permanent post. What’s the best way of taking the £20k remaining after CT out of my company? Had two ideas to lower CGT, but not sure if either is possible?

1. Give my wife 50% of company as a gift and use her CGT allowance.
2. Offset the stamp duty I’ll be paying on my house purchase (£9k) against gain from company closure. Is this possible?

Any other suggestions?

(PS: I'll be high rate taxpayer)

[Crossroads]

Offset the stamp duty I’ll be paying on my house purchase (£9k) against gain from company closure. Is this possible?

How is that supposed to work?

Gifting shares of value may have tax implications.

Perhaps just stick the £20k into a pension?

[Hex]

Gifting shares of value may have tax implications.

There shouldn't be any problem with gifting shares of value between married couples.

[Alan @ BroomeAffinity]

Option 1 is fine.

Option 2 does not even make sense as a sentence never mind a strategy.