Give Shares

There is a lot to be said for giving shares to the Enthum Foundation.

It’s tax effective. It makes great use of windfall shares from a privatisation or demutualisation, or simply giving small amounts of shares. And it is just as useful as cash in helping us to help young people get their lives on track.

What are the tax benefits?

Firstly, 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.

So if you donate £1,000 worth of shares, you’ll pay £400 less in income tax that year if you’re a high rate taxpayer, or £220 less if you pay the basic rate.

Also, you will not have to pay capital gains tax (CGT) on any increase in the value of shares since you bought them. Which, in theory, could mean an extra ‘saving’ of up to 40% for a higher rate taxpayer.

How do you donate your shares?

It’s simple to donate shares to The Enthum Foundation

First just obtain a stock transfer form from the Registar of the company in which you have shares. The Registar’s name should be written at the bottom of your share certificate.

Then complete, sign and date the form and send it, together with the share certificate, to the Enthum Foundation, The Brighton Forum, 95 Ditchling Road, Brighton, East Sussex BN1 4ST