Why donate shares to charity?
Over 12 million people in the UK own shares, with a combined value of more than £200 billion. If only a tiny fraction of these were given to charity, imagine what a difference it could make.
Tax benefits
Donating shares to Cancer Research UK 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 (40%) taxpayer you will be able to claim income tax relief equal to 40% of the value of the gift.
- If you are a highest rate (50%) taxpayer you will be able to claim income tax relief equal to 50% of the value of the gift.
In order to qualify for the tax relief, the shares or securities must be: listed or dealt on a recognised UK or foreign stock exchange, units in authorised unit trusts, shares in a UK open-ended investment company or holdings in certain foreign collective investment schemes.
How to donate shares worth more than £200
If you would like to donate shares to Cancer Research UK, contact us using the details below 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.
How to donate shares worth less than £200
If you have a few shares and still wish to donate, please donate them to ShareGift. ShareGift is a charity specialising in accepting smaller number of shares and can be contacted on 020 7930 3737 or visit their website at www.sharegift.org. Please remember to mention Cancer Research UK when making your donation.
Contact us
If you would like to make a donation of shares, or if you require further information or assistance, please contact Ian Wilson in our Major Giving and Appeals team by phone on 020 3469 5306 or by email ian.wilson@cancer.org.uk.
Please note...
Cancer Research UK is 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 HM Revenue & Customs helpline on 0845 900 0444. Or visit their website at www.hmrc.gov.uk/charities-donors/.
Cancer Research UK cannot accept shares in companies associated with the tobacco industry.