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MAKE A GIFT OF SOME SHARES
Did you know that, by donating shares to International Childcare Trust, UK taxpayers can save time and money?
Whether you have one share or 10,000 shares to give away, these can be of benefit to ICT, either by donating them to us direct if you have a large number or, if you only have a few shares by donating them via ShareGIFT - the charity share donation scheme.
ShareGift was launched in 1993 offering a simple solution for people who want to get rid of small numbers of shares. If you have just a few shares that would cost you more to sell than they are worth, ShareGift can use them to help the International Childcare Trust.
There are millions of pounds worth of small shareholdings in existence that would be uneconomical to sell.
There are big benefits for donors...
- Higher tax rate payers get income tax relief at 40% of the value of donated shares knocked off their tax bill, plus they wouldn't be liable for tax on any Capital Gains.
- "Giving shares to charity means I can dispose of them without paying capital gains tax. I can offset it against taxed income, so it's win-win really... more money to me and to the charity" wrote Alan, a share donor.
To find out more about ShareGIFT please visit their website at: www.sharegift.org or alternatively you can contact them direct on 020 7828 1151.
We strongly advise that you seek independent financial advice. |