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Yes you can sell/gift the shares to your daughter. As she is your daughter, you will be charged to capital gains tax as if you had sold the shares at market value. Your daughter will then take the shares with a base cost of that market value and when the shares are sold in the future, she has her own CGT allowance to offset against any gain arising from the increase in value. Re other taxes: for income tax purposes, any dividend payments from the shares in the future that exceed £100 would be charged to income tax on you. Finally, this would be a gift for inheritance tax purposes the value of which (after your annual allowance of £3000) will fall out of your estate for IHT after a 7 year period.

You can pass shares freely to your wife and she will take the shares with your base cost. Your wife can also gift shares to your daughter with the same tax consequences as listed above.

The fact that the shares would be held in the name of you on behalf of your daughter means that they are held under a bare trust for her until she reaches 18 and this does not fall under bed and breakfasting.

Regards