How To Give to The Derbyshire Community Foundation

Share Giving

A gift of qualifying shares to Derbyshire Community Foundation is not subject to Corporation Tax and the value of those shares can be claimed as a deduction against the profit chargeable to Corporation Tax of the company.

You can get income tax relief when you donate quoted shares and securities, land or buildings to charity.

For example, if you donate shares worth £1,000 you could reduce your income tax bill by £400. No capital gains tax will be due on the gift.

• The fund could be set up in your own name, or that of your family or your company.
• You can even suggest the particular kinds of causes you would most like to help, and how much you want to be involved in making grants.
• Since April 2000 the tax relief available on donations of most quoted company shares has become very generous.
• Such donations are not only exempt from capital gains tax, but they can now reduce your income tax bill too. The total tax saving could be as high as 80%.
• For anyone with shares that have risen in value over the years, and for all higher-rate taxpayers, this can be a particularly attractive way to give.
• You can even claim tax relief if you sell shares to a charity for less than their current market rate.
• Companies can likewise claim relief against corporation tax.

We never forget that each donation is different and we prefer to discuss the options in consultation with you and your advisors.
Please contact Rachael Grime, Chief Executive on 01773 514851 to arrange a meeting.