Selling paper shares

[Goldenphoenix]

Has anyone sold any paper shares please? Any recommendations for who to use? I am a complete novice and don't know who to use.

Supplementary question about CGT when selling shares too - I have these shares through an old job share purchase scheme. Have I understood it correctly that CGT is payable on £3000 profit? So I need to work out what I paid for them and if the difference is more than £3000 I need to pay CGT? Thanks

Hi what do you mean by paper shares?
All publicly traded shares have an administer (e.g. Equiniti) who handle share management and dividend distribution. Do you get dividends? If ownership is already established, it’s a case of phoning and logging on to see how to sell them.

CGT - exactly that, you pay tax only on the gains and it’s easily done on the self assessment.

Thanks for your reply. I do get dividends, it's a paper certificate, not an online account. Got them twenty years ago and not sure what to do with them really!

I was in the same boat. I used Equiniti to sell them. My memory isn’t clear about the first steps but think I registered them on the platform some time ago so see if you can do that. When I sold them (there were options on the platform to do this) I had to send in the paper certificate within a certain period of time
to the address provided.

I’d probably have sold them years earlier but put it off because I didn’t know what to do and was nervous that is might be complicated. It wasn’t though.

I used this company and it was very straightforward: https://www.sellmysharecertificates.com/

I used Hargreaves Lansdown for mine, which were all historic stuff and all on paper

Considering that they mainly deal with much bigger amounts and that I'm a complete muppet with these things they were brilliant - supportive, patient and very efficient