Why donate shares?
Donating shares can be one of the most tax-effective ways of supporting The Children’s Society.
A gift of shares is a great way of donating, it is possible to make a substantial tax saving, not only on capital gains tax, but on income tax as well. Twelve million people own shares in the UK, worth over £200 billion.
In order to qualify for the 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; or holdings in certain foreign collective investment schemes.
If you are unsure of your tax situation and would like more information on this, please contact the HM Revenue & Customs helpline on 0845 900 0444 or visit the HMRC website.
For shares worth £500 or less, please consider passing your shares to ShareGift, recommending The Children’s Society
ShareGift is a charity specialising in accepting smaller number of shares, and they make donations to different charities based on donor suggestion.
You can contact ShareGift on 020 7930 3737 or through the ShareGift website.
To discuss donating shares in excess of £500 please talk to the Partnership Development Team on 020 7 841 4505.