If you donate shares, you are entitled to claim full tax relief equal to the market value of the shares and any associated costs such as brokers’ fees. For example, if a higher rate taxpayer gives £1,000 worth of shares to charity, they will pay £400 less in income tax that year.
Additionally, no capital gains tax (CGT) will apply to any increase in the market value of the shares donated to charity. However, if the shares have fallen in value, you will not be able to use this loss to offset any other CGT liability.
If you donate land or buildings to us, you are eligible for full tax relief from income and capital gains tax. As with donating shares, you are entitled to claim relief for the full market value of the property donated.
You can find more information about donating land, buildings or shares to charity on the HM Revenue & Customs website. If you have any doubts, it is best that you contact a professional adviser such as an IFA, accountant or solicitor.
If you would like to discuss alternative methods of making a donation or leaving a legacy, please contact the Fundraising Office:
Tel: 0207 637 5789
Orthopaedic Research UK
10a Chandos Street
London W1G 9DQ