Advice Needed(UK) : Cashing Out via Ledger and Coinbase - Sense Check My Plan

Hey all,

Looking for some advice to make sure I’m not missing anything or overcomplicating my plan to cash out some Ethereum(I know this bitcoin sub but thought best place to ask as UK based) I’ve held since 2017. Here's what I’m planning to do:

1. I have Ethereum stored on my Ledger Nano since 2017.

2. I want to cash out a total of £6,000.

The Plan:

Step 1: Convert £6,000 worth of ETH to XLM directly on my Ledger Nano.

Step 2: Send £3,000 worth of XLM to my Coinbase account.

Step 3: Send the remaining £3,000 worth of XLM to my partner's Coinbase account.

Step 4: Both of us independently convert XLM to GBP on Coinbase.

Step 5: Withdraw GBP to our respective bank accounts.

Reasoning:

Since both transactions are under the £3,000 CGT threshold, we won’t need to pay Capital Gains Tax (CGT).

Questions:

1. Am I missing any crucial steps or overcomplicating the process?

2. Is XLM the best intermediary coin for this, or should I consider another one?

3. Are there any potential flags or issues with splitting the transactions between two accounts?

Would really appreciate some feedback to make sure this process is smooth and compliant. Thanks!