Personal Allowances & Tax Bands - Ensure you make full use of allowances and lower rate bands, by transferring income producing assets between spouses / civil partners. This may reduce or eliminate a higher rate tax charge. This can also be beneficial where spouses / civil partners are over 65 and age related allowances are reduced due to level of income

Capital Gains Tax Exemption - Husband & wife and civil partners are each entitled to an annual exemption currently £10100 (2009/10 & 2010/11). It may be advantageous to distribute your share portfolio between you to benefit.