How does ShareGift work?
If you have small quantities of unwanted shares, you may be able to support Meningitis Now’s vital work through ShareGift, a charity dedicated to accepting share donations.
You can support Meningitis Now by donating any size of shareholdings you may have to ShareGift and mentioning that you support us. ShareGift has already donated £23,500 to Meningitis Now, helping our team to continue providing emotional, practical and financial support to everyone in the UK who has been affected by meningitis.
What are the benefits of ShareGift?
There are three key benefits for donors:
- You can claim income tax relief.
- If you are a higher rate (40%) taxpayer, you will be able to claim income tax relief equal to 40% of the value of the gift.
- If you are the highest rate (45%) taxpayer, you will be able to claim income tax relief equal to 45% of the value of the gift.
Please note that donating shares charitably gives rise to neither a gain nor a loss for Capital Gains Tax (CGT) purposes.
Who are ShareGift?
ShareGift is an independent charity based in the UK. They specialise in converting small shareholdings into charitable donations, regardless of the size of the donation. They collect small amounts of shares until they have enough to sell, then donate the proceeds to various charities and causes. ShareGift will accept nil value shares, as long as they are transferrable.
So far, ShareGift has donated over £47 million to more than 3,600 charities. To start your giving journey, contact Sharegift on 020 7930 3737 or visit https://www.sharegift.org/contact/. Alternatively, you can email our Partnerships team for further information via partnerships@meningitisnow.org.