Why donate shares to charity?
Donating your shares is an easy way to make a significant impact in the fight against poverty. It’s also one of the most tax-efficient ways to contribute to our cause.
You don’t have to pay any capital gains tax on the shares you donate.
You can also claim income tax relief:
- If you’re a higher rate taxpayer (40%), you’ll be able to claim income tax relief equal to 40% of the value of the gift.
- If you’re a highest rate taxpayer (45%), you’ll be able to claim income tax relief equal to 45% of the value of the gift.
To qualify for tax relief, the shares or securities must be:
listed or dealt on a recognised UK or foreign stock exchange
units in authorised unit trusts
shares in a UK open-ended investment company
holdings in certain foreign collective investment schemes.