Why do it?
- Donating shares to NAS is one of the most tax-effective ways you can give money.
- You won't have to pay any capital gains tax on the shares you donate and you can claim income tax relief too.
- If you are a higher rate taxpayer and give us shares worth £1,000 you will pay £400 less in income tax this tax year.
- Also, you will not have to pay capital gains tax on any increase in the value of shares since you bought them. Note: To qualify for income tax relief, the shares must be listed or dealt on a stock exchange.
How do I do it?
Please contact the Supporter Care Team on 0808 800 1050 or email fundraising@nas.org.uk
If you would like to donate shares to us, please contact us and we will send you a letter acknowledging your intended gift.
The sale of the shares can then be done over the phone with our stockbroker who will send you a contract note as a receipt. This applies to shares held both in paper form and in nominee accounts.
To ensure that you receive the maximum tax relief you will need to keep our letter and the contract note from the stockbroker, making it clear that we have benefited from your gift.
Please note that we are unable to offer advice on personal tax issues. So if you are unsure of your tax situation, we recommend that you speak to a financial advisor or contact the HMRC helpline on 0151 472 6043/6046 or 0131 777 4040 in Scotland. Alternatively, visit the HMRC website.