Making a gift of shares is an easy and very tax-efficient way to support The Royal Marsden Cancer Charity.
You can claim income tax relief on the value of most shares, equal to the market value of the shares on the day you make the gift, together with any associated costs such as broker's fees.
For example, if you donate £1,000 worth of shares, you'll pay £500 less in income tax that year if your top rate of tax is 50%, £400 less if your top rate is 40% and £200 less if you pay the basic rate.
Additionally, you will not have to pay capital gains tax on any increase in the value of the shares since you acquired them.
Making your gift
To make a gift of shares, please download our Gift of Shares form (PDF) and return it to the address provided.
We will then send the information to our brokers and they will inform us when the shares have been added to our portfolio. It is up to the investment management’s discretion as to when to liquidate the shares in order to maximise the income potential. This means that they may stay in our portfolio for a short while, but we do not intend to keep them as a long-term investment. We will of course let you know the size of your gift when it is realised, so that you can know exactly how much you have donated to us.
For more information please contact Kathleen Bice on 020 7811 8275 or email us.
If you hold shares in small quantities, where the cost of selling them would be more than they are worth, then ShareGift, the charity share donation scheme, can help.
Find out more at www.sharegift.org or telephone them on 020 7930 3737. Please remember to mention The Royal Marsden Cancer Charity when making your donation.