Tax relief is available for charitable gifts of shares. To qualify, the shares must be:

• Shares or securities listed on a recognised stock exchange
• Unquoted shares or securities which are dealt on a recognised stock exchange (e.g. shares traded on  the Alternative Investment Market)
• Units in authorised unit trusts
• Shares in an open-ended investment company
• An interest in an offshore fund.

 Relief is given by means of deduction for the full market value of the gift, including any incidental costs of disposal, against your taxable income.

A gift of shares of a market value of £10,000 will give a basic rate taxpayer income tax relief of £2,200. A higher rate taxpayer will enjoy income tax relief of £4,000.

Any capital gain on the gift of shares will be exempt from Capital Gains Tax.

If you are interested in gifting shares please contact development@bradfieldcollege.org.uk where we will be happy to provide you with further information.