SELL MY SHARES

This example is set out for additional rate tax payers. If you pay a lower rate of tax, your tax savings will reduce accordingly when you sell your shares.

You can sell your shares to us for less than their value and then the gain generated will be placed into your CAF Charity Account or CAF Charitable Trust.

This means that you can reduce your taxable income by the donation amount (i.e. the market value of the shares, plus any costs of the transfer, less the sale price paid by the charity), reducing your overall income tax liability.

We will put the proceeds in your CAF Charitable Trust or CAF Charity Account to donate when you choose.

THE TAX BENEFITS

£25,000: Market value of shares sold to us*
£15,000: The price we will pay you for your shares, which we will agree with you**
£10,000: The remaining proceeds that we will place into your CAF Charitable Trust
£4,500: Total tax savings:
45% Income Tax relief on total gift – for additional rate tax payers from 6th April 2016
£5,500: Net cost to you for your £10,000 gift

* In this example the original base cost is £15,000.

** The amount paid is at your suggestion. In this example it is equivalent to the donor’s original cost. The donor may request an amount higher than their original cost if they are looking to offset any personal capital losses. Please note that HMRC does not permit any capital loss created by a share gift to be offset against other personal capital gains.

FIND OUT MORE

For CAF Charitable Trust clients

Please contact your dedicated private client manager direct. Alternatively, our private client managers are happy to advise about any aspect of giving, so please call 03000 123 028 (9am-5pm Monday to Friday) or complete our online form and we’ll get back to you within one working day.

For CAF Charity Account customers:

To find out more and contact our team about share giving, please complete our online form

HMRC Qualifying Shares

A wide range of shares and securities can be gifted in this way. These include those listed or dealt on a recognised stock exchange in the UK and many international exchanges: the USA, Canada, Australia, Hong Kong, New Zealand, Japan, Colombo, Singapore, Johannesburg, Switzerland and the EU countries. We will be happy to advise you before you make your gift whether or not the shares are listed on a recognised stock exchange. 

There are other investments that also qualify, including authorised unit trusts, UK open-ended investment company shares and certain foreign collective investment scheme holdings. We recommend that you seek confirmation from HMRC that your investment qualifies for Income Tax relief.

Tax Advice

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 professional advisor or visit the HMRC website www.gov.uk/donating-to-charity.

 

SHAREGIVING - YOUR OPTIONS

Contact us

If you'd like to find out more about sharegiving, contact us on 03000 123 028 (Monday to Friday, 9am - 5pm, except public holidays) or request a callback using the form below.

Complete our online form ► 

Gift shares

Gift shares directly to us and we can place the proceeds in a CAF Charity Account or CAF Charitable Trust.

Find out more about sharegiving ► 

Donate proceeds to us under the Gift Aid scheme

Boost your gift by 25% by selling your shares yourself and donating the proceeds to us under the Gift Aid scheme.

Find out how to donate the proceeds to us ►