Transferring assets/ stock from one business to another

[11esprit]

What is the best method to transfer stock/ assets from one business to another? I am looking to dissolve my company next year but wanted to transfer some stock/ assets to a friends business. What is the best method to transfer in terms of tax efficiency or capital gains tax incurred.

[PugwasHDJ80]

Get advice before you to anything

Certainly don't rely on advice from the internet

[StevieBee]

Do you mean physical stock - as in stuff on shelves, computers, etc - or are you talking about shares, references, etc?

You say you are looking to dissolve the company so would not the easiest thing to do is for your friend to buy the company instead?

[Eric Mc]

Don't forget the VAT ramifications as well. I'm assuming you are talking chiefly about trading stock for resale but VAT also has to be considered for disposal of capital goods such as fixed assets, vehicles etc.