Turn your shares into a gift for Kidneys for Life. It’s never been so easy to support Kidneys for Life by gifting shares or share dividends, nor so rewarding with current tax benefits. Whether you are a shareholder, an employee in a company share scheme or a company secretary, share giving can help us make a positive difference to the future of renal patients.
Why give shares?
Share ownership in the UK has an estimated value of £200 billion. There are many reasons why making a gift of shares to Kidneys for Life might appeal to you:
- Perhaps you hold ‘windfall’ shares as a result of a privatisation or de-mutualisation that are effectively gathering dust, making little difference to you, but could make a huge difference to Kidneys for Life?
- Or maybe you own small bundles of shares, for example as a result of an inheritance, that seem to generate more paperwork than income for you?
- Alternatively, perhaps you feel that the tax relief associated with a gift of shares allows you to contribute even more to Kidneys for Life, effectively ‘maximising’ your donation at no extra cost to yourself?
- Or maybe you are keen to support our work but do not feel in a position to make a cash gift at this particular point in time?
Whatever your motivation, by donating shares to Kidneys for Life you would be investing in a better future for those suffering from kidney disease, helping to give hope and transform lives.
How to donate shares
It’s a very simple process:
- Find the share certificate or dividend voucher and look for the address of the Registrar of the Company.
- Contact the registrar and ask for a Share Transfer Form.
- Sign the form – putting the shares in the name of Kidneys for Life fundraising for MINT.
- Keep evidence of the gift and the date it was made.
- Claim the appropriate tax relief.
What will we do with the shares?
We may either sell the shares or keep them as an investment.
Further sources of information
To find out more about giving shares or other tax efficient ways of donating look at www.allaboutgiving.org. The HMRC has a full guide to giving assets to charity, should you like to know more.
If you are uncertain about the best way to give you should seek professional advice from an accountant, a financial advisor or a solicitor.