Donation of Shares
Donation of Shares
Gifts of publicly quoted shares are a tax-efficient way for both individuals and companies to help support the MGS Trust. When donors give shares to the MGS Trust they can get substantial relief on their income tax bill, as well as exemption from Capital Gains Tax on any gains they may have made on the shares. With the higher rates of Income Tax and Capital Gains Tax currently at 40-45%, this can amount to a substantial tax break and all the tax relief goes to the donor.
There is more information about donating shares to a charity here.