Share giving is the most generous tax relief available to benefactors, combining relief on income and capital gains tax.
In the UK, share gifts qualify for tax relief equal to the market value of the shares on the day the gift is made, including associated costs such as broker fees. The tax relief can be claimed for the year in which the gift is made.
For example, a gift of £1,000 worth of shares, made by an individual who is a higher rate taxpayer, would reduce their income tax by up to £500 for the year. Additionally, the benefactor would not have to pay any Capital Gains Tax (CGT) on any increase in the value of the shares since they were bought. If the shares have gone down in value, however, it is not possible to use this loss to offset any other CGT liabilities.
Donors wishing to give shares to the Trust should contact us in the first instance.
We are unable to offer advice on personal tax issues. So if you are unsure of your tax situation, or want to know more about gifting shares, we recommend that you speak to a professional adviser and consult the following resources:
Detailed description from HMRC
Amanda Gard, PhD Scholar in Sport Science at Abertay University
Millions of women in the UK experience urinary incontinence, yet very little has been studied in regards of its impact on women’s physical activity participation. Helping women to improve their health is my passion and this is what drove me to undertake a PhD researching women’s physical activity participation and urinary incontinence as a barrier to exercise. Seeing women become more active, and health practitioners become more aware of incontinence’s impact on exercise ability, as a result of my research, is incredibly motivating.
Charlene Ogilvie, PhD Scholar in Biological Sciences at University of St Andrews
I have always had a keen interest in biology; however, I only became sure that I wanted to pursue a career in this field when my son became ill due to a rare, and potentially life-threatening, autoimmune response at six months old. This incident motivated me to re-enter education as a mature student and I subsequently went on to complete a HND in Biomedical Sciences at Dundee & Angus College, followed by an integrated Masters in Biochemistry (MBiochem) at the University of St Andrews. I am currently about to enter the 2nd year of my PhD where I am investigating the role that small molecules produced by the bacteria that live in our mouths, known as cyclic dipeptides, play in health and disease.
Become a Carnegie Supporter
Donations to the Trust are generally made in support of our grant activities. Your donation can contribute to the Trust’s funding schemes as a whole or towards a specific goal, for example helping a student like Amir Ali Emami study Physics at the University of St Andrews.