Giving shares

Gifts of quoted shares and assets

As a result of changes in UK tax laws, tax relief is especially generous for gifts of shares to charities.

Donations from the proceeds of the sale of shares to Arthritis Research UK are exempt from capital gains tax. In addition, a donor is able to reduce their taxable income by the market value of the shares at the time of the gift. For donors who pay tax at the higher rate, this may be a particularly appealing way to give.

Gifts eligible for this preferred tax treatment include any of the following:

  • Shares and securities listed on a recognised stock exchange in the UK or elsewhere
  • Units or authorised unit trusts (AUTs)
  • Shares in an open-ended investment company (OEIC)
  • Certain foreign collective investment scheme holdings (foreign equivalents of AUTs or OEICs).

Please also note that you are not liable to capital gains tax when you make a gift of assets such as land to Arthritis Research UK, even if the asset is worth more than when you acquired it.

How do I make a gift of shares to Arthritis Research UK?

You can donate shares to Arthritis Research UK by opting to sell the shares on the charity’s behalf and giving us the proceeds. In order to do this you will need a written instruction from Arthritis Research UK to sell shares on our behalf, so that you retain the tax advantages. Alternatively, you may donate shares directly to Arthritis Research UK.

You must keep the exchange of letters together with the sale note as evidence that you made the gift of the investment to Arthritis Research UK and that we then asked you to dispose of the investments on our behalf.

For further information please refer to the HM Revenue and Customs website http://www.hmrc.gov.uk/individuals/giving/assets.htm

Please do contact us first before making a gift of shares or other assets to the charity.

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