Have you ever thought about giving shares to charity?  Many of the eleven million people in the UK who own shares are not aware that this is a very tax efficient way of supporting your favourite cause.

Many people hold small numbers of shares that may be uneconomic to sell.  Some may have shares that are just gathering dust.  Others may have ‘windfall shares’ as a result of privatisation.  A few will have a whole portfolio of share investments. It doesn’t matter which category you are in, you can make a big difference to Hospices of Hope in this way – especially as £1 in the UK can buy about £10 worth of care in Romania!

In April 2000 a significant tax incentive was introduced to encourage people to donate shares to charity.  In most cases, when donors give publicly quoted shares to charity, or sell them to the charity at a price below the market value, they can now get relief against their personal income tax bill. This is in addition to exemption from capital gains tax on the gains they may have made on those shares.  This means that giving shares could be both an act of generosity as well as a shrewd financial decision.

There is a very simple procedure to make a gift of shares to Hospices of Hope.  Either call 01959 525110 and ask for further details or click on the link that will enable you to make your gift.

Thank you

Giving Land or Buildings

Since April 2002 there has been a new tax incentive that allows individuals to make gifts of land or buildings to a UK charity or sell them at a price below the market value (on condition that they charity is willing to accept the gift).

Relief is given for the market value of the property/land and this is offset against the donor’s income chargeable to income tax in the tax year in which the gift is made.  For example, if land valued at £25,000 was donated to the charity and the cost of transferring the land was £1,000, then £26,000 would be offset against the donor’s income that year.  For many people this could generate a significant saving in tax.

This applies to both land and buildings whether freehold or leasehold, providing the whole of the donor’s interest in the property is given to charity (e.g. they cannot continue to live in the property, nor can they donate half of their interest).

Donations of this kind may be rare, but they can produce significant outcomes for patients in Romania and surrounding countries.

Regular or Planned Giving

Could you donate just 1/8 of a tank of petrol to Hospices of Hope each week?  Perhaps by economising just a little you could?  A walk down to the shops or a walk to collect the children from school – this could be good for your health, for the environment and it could generate for you £5 a week in order to make an impact on the other side of Europe.

Here is how.  Through setting up a Standing Order you can make your gifts as frequently as you choose, and you can cancel them if your situation changes.  For instance you could choose to give on a monthly basis.  With the savings made in the example above, this would be about £20 per month. 

Assuming that 90% also sign a Gift Aid declaration (allowing the charity to claim back an extra 28% in tax) then the monthly amount given from just 1500 people would be just over a £37,500!! That is £1,350,000 in just 3 years!!

Could you give 1/8 of a tank of petrol a week?  Set up a Standing Order today.

My Pledge

I pledge to give the following to Hospices of Hope

£……………………  each week/month/quarter/half year/year*  *delete as appropriate

For the next three years commencing …………….month/…………year

Bankers Order

Please complete your bank details to give a regular gift by Bankers Order

To……………………………..Bank plc  Bank sort code __ __  __ __  __ __

Branch address______________________________________________

Pay HSBC Maidstone; sort code 40-31-06; for the account number 62006472 of Hospices of Hope, 28a High Street, Otford, Kent TN14 5PQ

The sum of £_______________on_____day of______(month) 20__(year)

and weekly/monthly/quarterly/half-yearly/annually (please delete as appropriate)

until further notice/until ____________(please delete as appropriate)

Your details block capitals please

Gift Aid Declaration

I declare that the donations I shall make to Hospices of Hope are to be treated as Gift Aid donations.  I understand that I must pay Income Tax or Capital Gains Tax at least equal to or more than the tax which the charity is able to reclaim on my donations.  I agree to notify the charity if I cannot fulfil that requirement at any time during the future.

Signature……………………………...Date………………………