Share Giving

As a shareholder you like a good return on your investment. Why not make a donation of shares to Maggie's Cancer Caring Centres, benefiting thousands of people affected by cancer across the UK? Plus as an extra dividend your gift of shares could save you money.

When you decide to give shares to Maggie’s, you can get substantial relief on your income tax bill, as well as exemption from capital gains tax (CGT) on any gains you may have made on the shares. This can amount to a substantial tax break and all tax relief goes to you.

In summary there are two types of tax relief on the shares that you give:

•   Income tax relief on the value of the shares (up to 40%)
•   Exemption from CGT on gains made on the shares (up to 18%)

How does it work?
If, for example, you wish to make a donation of £10,000:

•   As a basic rate taxpayer you could save up to 20% income tax, it could
    therefore cost only £8,000 to donate £10,000 of shares.

•   If you are a higher rate taxpayer you could save up to 40% income tax,
    through tax relief, if you donate £10,000 worth of shares it could cost
    only £6,000 to you, the taxpayer.

You do not have to pay CGT on charitable gifts of shares. CGT may apply when shares are sold with an increase in the value that the shares have accrued between purchase and sale.

You can claim tax relief on your self-assessment tax form, if you require tax advice, please contact your local Tax Office.

How can I give shares to Maggie’s?
We work with a professional stockbroker to ensure your share donation is handled smoothly and efficiently.

To make a gift of shares, please contact Helen at Maggie’s to help arrange the transaction.

Information about making gifts of shares from the US is also available.