Share Giving

Giving shares to firstsite is a way of donating to us without giving any cash. This is a flexible donation which will give us the option of using the money for what we need now, or saving it so that we have an investment to look forward to in the future.

This convenient way of giving also means that you can get income tax relief as a result. If you give shares worth £1000 to charity and normally pay income tax at 22%, your bill could be reduced by £220. If you pay at 40% you could save £400.

What about capital gains tax?

When you give shares to charity, you are also entitled to an exemption from any capital gains tax on the gains you may have made whilst you owned the shares. This could add another 40% in tax relief. However any capital loss on the shares cannot be offset against your other capital gains.

Call the team on 01206 369319 or email development@firstsite.uk.net to discuss this further.