Tax Effective Giving

Giving shares is one of the most tax-effective ways of donating to Leicester Cathedral’s King Richard III Appeal.

The donor can claim income tax relief, no matter what the total market value of the shares. Additionally, no capital gains tax will apply to any increase in the value of the shares donated to us. In order to qualify for the relief, the shares must be listed or dealt on a recognised stock exchange.

The gift of shares will be free from capital gains tax, which means that for Leicester Cathedral the gift is worth more than if you had sold shares yourself. The extent of the difference depends on how much capital gains tax you would have paid so we advise consultation with a tax adviser/accountant to determine your own situation.

Shares can be transferred to Leicester Cathedral Charitable Trust upon completion of a transfer document completed by you and returned to us with the share certificate.