Gift of Shares

Gifting of Stocks and Shares to save Tax

How Does It Work?

• There are significant tax incentives to individuals to donate stocks/shares to charities.

• No Capital Gains Tax is payable on gifts or sales of shares to charities!

• The two examples below demonstrate the tax benefits:

Example 1 – Shares worth £10,000 which were purchased for £2,000 are donated. The donor’s personal taxable income is reduced by the market value of the shares, i.e. £10,000 and income tax bill therefore reduced by 40%, i.e. £4,000.

Example 2 – Shares can be sold to a charity. If shares worth £10,000 bought for £2,000 are sold to charity for £2,000 the initial cost is recovered and taxable income is reduced by £8,000 – difference between market value and sale price – giving income tax saving at 40% of £3,200.

Who Should Consider Donating or Selling Shares?

• Individuals who pay some tax at 40%.

• Those who regularly exceed their Capital Gains Tax allowance.

• People who want to save tax and give real benefit to charity.

Why Choose The Berkshire Community Foundation?

• It is a local charity supporting your community.

• The Foundation is a professional grantmaker and your donation will be well used and monitored.

• The more donations we receive, the more local people in need we will be able to help.

Want to know more? Ring Robin Draper on 0118 930 3021 or Contact Us.

Gift Aid - Make your donation worth 28% more at no extra cost to you!
Using Gift Aid means that for every £1 you give, we get an extra 25 pence from the Inland Revenue, helping your donation go further. This means that £125 could be turned into £128 making a huge difference to the Foundation.

Higher rate tax payers can also claim back the extra 20% tax paid on the donation, from the Inland Revenue.

The Gift Aid Scheme is open to UK Tax payers. You must pay an amount of income tax and/or capital gains tax at least equal to the tax that the charity reclaims on your donations in the tax year. Gift Aid is only applicable to cash gifts (i.e. not charity vouchers etc).

Please download the Gift Aid form and send with your donation to -

The Berkshire Community Foundation
Arlington Business Park
Theale
RG7 4SA

Contact Us for more information about the scheme.

Download Gift Aid Declaration Form