Why donate shares?
Donating shares can be very tax efficient as there is no capital gain or loss on shares donated to charity and you can claim income tax relief on the value of the shares.
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
- holdings in certain foreign collective investment schemes
For more information on tax relief for gifts of shares to charity and what records you need to keep please see the HMRC guidance notes
How do I donate shares?
You can donate shares to ShareGift and mention you are a supporter of the BLF. ShareGift is a charity specialising in accepting smaller number of shares, and they make donations to different charities based on donor suggestion. You more information can contact ShareGift on 020 7930 3737 or through the ShareGift website.