Why donate shares?
Donating shares is one of the most tax-effective ways to give to charity.
There’s no capital gains tax on the shares you donate. And you can claim tax relief on any costs linked to your donation, such as brokers’ fees.
How to donate shares to BIF
- If you have a physical copy of your share certificate (printed on paper) please send it to BIF together with a stock transfer form which you can get from the company registrars where you have your shares or you can get one for a stockbroker. Make sure you keep a copy of this form.
Post the certificate and form to:
Buxton International Festival
3 The Square
Buxton
SK17 6AZ
- If you have an electronic copy of your share certificate – If you only have an electronic record of your shares, please get your stockbroker to contact BIF to transfer your shares.
We’ll need a reference number from your stockbroker and their contact details.
You or your stockbroker can contact us at the address above, or by emailing us at finance@buxtonfestival.co.uk
How much tax relief could I claim?
You get tax relief on both income tax and capital gains tax.
For example, if you pay income tax at 40% or 45%, you will be able to claim income tax relief equal to 40% or 50% of the value of your gift (depending on your tax rate).
No capital gains tax will apply, so you can maximise your donation at no extra cost.
Read more about donating shares to charity on the HMRC website.