Shares and securities

Shares and Securities

Since April 2000, gifts of publicly quoted shares, in addition to being exempt from capital gains tax liability, enable the donor to claim tax relief on the current value of the shares, which makes such gifts extremely tax-efficient. For example, a higher-rate taxpayer donating shares bought for £50,000 and now worth £100,000 could save £20,000 in capital gains tax and £40,000 in income tax relief. So the gift worth £100,000 to the British Institute of International and Comparative Law could cost the donor just £40,000. (The level of capital gains tax liability depends upon how long the shares have been owned by the donor.) For more information visit HM Revenue & Customs.

If you could like to know more about this tax-efficient way of giving please contact our Development Office (Tel: +44 (0)20 7664 4871; email: d.denny@biicl.org).