Do you own shares that take up more of your time in paperwork than providing you with a profit?

You can make a real difference by donating your shares to CSV. 

With a gift of shares, you are exempt from any capital gains tax that might have arisen if the shares had been sold.

And as a donor you can claim income tax relief on the value of most shares and securities.

Tax relief

You can claim tax relief equal to the market value of the shares on the day you make the gift, together with any associated costs such as brokers' fees.

The relief is against your income tax for the year.

So, if the shares you give are worth £1,000, CSV will benefit from that gift and you will pay £220 or £400 less in income tax that year, depending on whether you are a basic rate or higher rate taxpayer.

You are also exempt from paying capital gains tax on any increase in the value of the shares since you bought them.

In theory this could mean an extra 'saving' of up to 40% for a higher rate tax payer.

For more information on how this works see the Inland Revenues Guide to giving shares and securities to charity.

Email Helen on hstack@csv.org.uk or call on
020 7643 1340