Donating shares and non-cash assets

We welcome gifts of listed shares and securities which attract relief from Capital Gains Tax and Income Tax. Gifts of land or property made during a donor’s lifetime attract the same tax incentives as gifts of shares, and other forms of non-cash gift (such as works of art, books, manuscripts and equipment) may also be considered as gifts to Cambridge.

Please see below for an example of the tax benefits of donating shares. Any UK listed shares and securities can be donated. The extra advantage is that a donor can claim capital gains tax even after having used CGT relief elsewhere, as well as income tax relief.

To donate shares to the College please contact the Development Director on 01223 336197

fran.malaree@chu.cam.ac.uk

The process of donating shares can take a few days as we need confirmation in writing from the donor and to our brokers, Charles Stanley, in order to make the shares transfer from the donor account to the College’s share account. Our normal practice is to sell shares upon transfer though we may retain them in exceptional circumstances- to enquire please contact the Development Director, as above.

  • Higher rate (40%) taxpayers are able to claim income tax relief equal to 40% of the value of the gift.
  • Highest rate (45%) taxpayers can claim income tax relief equal to 45% of the value of the gift

Illustration of the tax benefits of donating shares

 Value of sharesAmount of income tax relief you can claimCost to youCGT relief you can claim (beyond annual exempt amount)Value to Churchill
Basic rate taxpayer (20%)£1,000£200£80010% of capital gain£1,000
Higher rate taxpayer (40%)£1,000£400£60020% of capital gain£1,000
Additional rate taxpayer (45%)£1,000£450£55020% of capital gain£1,000

For further information, please contact the Development Director

fran.malaree@chu.cam.ac.uk