Share giving | ||
|
Share giving is another tax effective way to give. Charitable gifts of shares are free from capital gains tax and donors can claim income tax relief on the value of the donated shares. There is no limit to the value of shares that are eligible under this scheme. How to donate qualifying sharesIf you would like to donate qualifying shares to Kids Kidney Research, please follow the steps below.
Tax ReliefNo capital gains is payable on any qualifying share disposal to a charity. Income tax relief: Basic rate tax payer (22%) If you donate qualifying shares worth, say, £500 to Kids Kidney Research, then you may claim income tax relief of £110 (22% of £500). Higher rate tax payer (40%) If you donate shares worth £10,000 then you may claim income tax relief of £4,000 (40% of £10,000). The examples given above are for illustrative purposes only. The tax benefits you may be entitled to will depend on your personal circumstances. You should consider taking professional advice to ensure that your gift is structured in the most efficient manner. |

