Share your shares alike

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Do you have shares in a company, which you don't really need?

Share giving can be one of the most tax effective ways to give money to RNC.

Charitable gifts of shares are free from capital gains tax and individuals can claim income tax relief on the value of the donated shares. This tax relief applies no matter what the total value of the shares.

Who can I talk to about donating shares?

If you would like to talk about donating shares to RNC or the tax benefits of doing this, please contact:

Rachel Read, The Fundraising Team
Phone on: 01432 265725
Email: rachel@rncfundraising.org.uk

How do I donate shares to RNC?

If you would like to donate some shares to RNC, please follow the simple steps below.

1. Obtain a stock transfer form from the Registrar who acts for the company in which you have shares. The name of the Registrar will be written at the bottom of your share certificate. Alternatively, we will be happy to supply a stock transfer form - please contact Rachel Read on the details above.

2. On the stock transfer form, in the box entitled 'Full name and postal address of the person to whom the security is transferred', please write:

The Royal National College for the Blind
College Road
Hereford
HR1 1EB

3. Complete, sign and date the form as appropriate.

4. Please send the completed form, together with the share certificate to: Rachel Read, Fundraising Manager The Royal National College for the Blind College Road Hereford HR1 1EB

5. We strongly advise you to keep a copy of the stock transfer form as evidence of your gift.

What are the tax benefits?

Basic rate tax payer (22%)

If you donate shares worth £500 to RNC, then you will be able to claim income tax relief of £110 (22% of £500).

This means the donation has cost you £390, whilst RNC has been given shares worth £500

You also will not have to pay any capital gains tax on the disposal of these shares.

Higher rate tax payer (40%)

If you donate shares worth £10,000 to RNC, then you will be able to claim income tax relief of £4,000 (40% of £10,000).

This means that the donation has cost you only £6,000, whilst RNC has been given shares worth £10,000.

You also will not have to pay any capital gains tax on the disposal of these shares.

The examples given above are for illustrative purposes only. The tax benefits you may be entitled to will depend on your personal circumstances. You should consider taking professional advice to ensure that your gift to RNC is structured in the most efficient manner.

Mike Nicholson - Kent - a student at RNC

Mike Nicholson - Kent "Before coming to RNC I really was just 'treading water' with no real direction in my life. The change couldn't be more dramatic now as I've just been like a sponge soaking up everything that is available to me here. I've learned an immense amount of I.T. skills and got involved in all sorts, including organising a team to put musical performances on. This in particular is something I really enjoy and I hope in the near future to have a career in event management or the theatre - in fact any form of live sound including radio production. RNC has given me the skills I need and after meeting people here with more severe issues than my own, I have been inspired to push myself to do the best I can." Michael is 46 and registered partially sighted. He has Optic Atrophy.