help needed please

You only incur a tax liability when you sell.

What's this partner nonsense!!  I'm old school, husband and wife to me.  She can transfer shares to here wedded husband in order to gain two CGT reliefs.  I'm confused why the shares have to be disposed of in 14 months, but even if that be so, she can dispose of the shares over two tax years so a potential £40,400 CGT allowance if she gifts shares to her spouse.

thanks madasahatter, the way she explained to me the expirory date is in 14 months and then she has to sell them,may be she has got it wrong. I would have thought you owned them and therefore you could do what you liked with them. Althogh they are living together not married would there not be a problem if she transferd half the shares to my son and then sold

Althogh they are living together not married would there not be a problem if she transferd half the shares to my son and then sold

This 'doesn't work' as she will be deemed to have disposed of the shares at market value (at the time of the 'gift') and your son aquired them at the same price and time.  There are also issues concerning IHT and 'gifts with reservation' and I would caution against 'gifting' some shares as it will run foul of HRMC regulations.

There may be some opportunities for her to transfer some of the shares directly into a stocks and shares ISA upon maturity, providing she has not used up her allowances for that financial year.  Many of the employee schemes offer this facility, she needs to check with the provider.

more gremlins aquired = acquired  HRMC = HMRC

Thank's for your help madasahatter she did mention about a isa and with the company being in the financial secter she has proberly had some advice off them,I thought it was best to sell them all and take the profit when they mature,i would not like them to hang on to them too long and see there profit disappear which has happened to me many times brit energy, halifax just two examples.Any way i will leave her to decide for her self, the reason i am keen on this investment is that i lent them £50 000 to put down a deposit on a house as they are first time buyers and i am hopeing they will be able to pay me back after they sell the shares.

There are special rules for this - the shares can be transferred in full into an ISA, but it has to be done within 90 days of maturity.

There are details here as a start:
http://boards.thisismoney.co.uk/tim/threadnonInd.jsp?forum=43&thread=69052

ALWAYS check the details before taking any action.