Tax implication on transfer of shares held by limited company into own name

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I own all 100% shares in my limited private company (A). A owns 12% of another limited private company (B). B balance sheet is £7M, £2M profit. What would be the tax implications if I wanted to transfer the shares A holds in B into my own name? Can this be achieved by paying 0.5% stamp duty only?

a year ago

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This is a question for an accountant. I am sorry, I cannot answer it personally. If there are any accountants in the community who would like to assist, please do so!

 

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