How can I gift shares to a family member?
Answer
You can gift shares to someone in your family – including your spouse, civil partner or children – as long as you hold the shares in a Dealing account. You can't transfer shares held in an ISA or SIPP.
Transferring shares as a gift can be a great way to maximise your tax allowance, as stamp duty isn’t payable.
To gift shares to a family member, log in to your account and send us a secure message, selecting ‘Share gift transfer’ as the message category.
The message should include the investment(s) you want to transfer, the name and Dealing account number of the recipient, your relationship to them, and confirmation that the transfer is a gift.