Donating shares to charity is an easy and tax efficient way to give. Many people own shares due to inheritances or privatisation of a company and do not know what to do with them. Others may have held shares for many years resulting in a large capital gains liability should they decide to sell them.
Donating shares to charity means that you will not have to pay capital gains tax on the shares you donate so you can maximise your donation at no extra cost. You may also be able to claim full income tax relief on the value of your shares. If you pay income tax at 40% or 45%, you may be able to claim income tax relief equal to 40% or 45% of the value of your gift, depending on which rate of tax you pay.
If you would like to donate shares to this project, please contact:
It is strongly recommended that you seek professional advice before proceeding.