DONATEShare Giving
Share Giving
If you have shares that you can donate to charity, you are entitled to claim back full tax relief against the value of those shares. So, a gift of shares worth £1,000 will only cost a higher rate taxpayer £600, or £780 for lower rate taxpayers and no capital gains tax will apply.
To donate shares to charity:
- Contact David McGinn at NICHS to arrange the transaction
- Transfer the gift to NICHS
- Keep evidence of the gift, the date it was made and NICHS's acceptance
- Claim the appropriate tax relief
If you would prefer to handle the gift yourself, what you do depends on whether you have an actual share certificate, or whether your shares are held in a nominee account. If you have any doubts about the process of giving shares to charity, it is best to contact a professional adviser, such as an IFA, accountant or solicitor.
