Donating shares to Mind - a generous gift
Twelve million people in the UK own shares, with a combined value of £200 billion. If only a tiny fraction of these were donated to charity, imagine what a difference it could make.
Donate your shares
Donating shares to Mind is a not only a caring way to help those experiencing mental distress, but it can also be a wise financial decision. Share donation is one of the most tax-effective ways to give. There is no capital gains tax on the shares you donate - either in calculating a gain or a loss - and the amount of tax relief you can claim will correspond to the market value of the shares on the day you make the gift. You can also claim relief on any associated costs such as brokers' fees.
How it works
Individual cases may vary, but typically a higher rate taxpayer could claim £400 tax relief on a donation of £1,000 worth of shares. For a standard rate taxpayer, the relief on £1,000 could be £220. You can make a claim on your self-assessment tax form, or by contacting your local tax office. The following table gives an idea of the rates.
| Value of shares | Amount of income tax relief you can claim | Cost to you (as share-owner) | Value to Mind | |
| Basic rate taxpayer (22%) | £1,000 | £220 |
£780 | £1,000 |
| Higher rate taxpayer (40%) | £1,000 | £400 | £600 | £1,000 |
Contact us for more information about donating shares to Mind.
Financial advice
Please note that while we can provide information about how to donate shares to Mind, we cannot advise you on your personal financial situation. For financial advice, please contact a financial advisor or your local tax office.
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