Transfer of share without consideration as a gift

This discussion addresses the process of transferring shares in a private company to a spouse without any payment, essentially as a gift. Key questions revolve around calculating the correct stamp duty for such transfers and what to accurately record in the 'consideration' section of the SH4 form. The consensus suggests that a valuation of the shares is necessary, and stamp duty should be based on this valuation, rather than indicating 'nil' or '0' for consideration.