Guidance on giving shares, land or property to the College

Giving shares to the university is one of the most attractive ways of giving back while minimising income and Capital Gains Tax liability.

Tax relief is available to UK taxpayers donating:

• Shares and securities listed on the UK Stock Market, the Alternative Investment Market and recognised stock exchanges overseas
• Units in a UK unit trust
• Shares in a UK open-ended investment company (OEIC)

You can claim Income Tax relief equal to the market value of the shares on the day the gift is made, plus any associated costs such as the broker’s fees. Capital Gains Tax that you may have incurred will not apply.

We can accept gifts of land or property in the donor’s lifetime.

Tax relief applies to any property, large or small, providing that the whole interest in the property is donated and the College has agreed to accept it. Relief cannot be carried forward or back a tax year if the donor has insufficient income during the year in which the gift is made to make full use of their eligible deduction.

Tax relief is given for the market value of the property as a deduction from the donor’s income chargeable to income tax for the tax year in which the gift is made.

The Income Tax relief is in addition to any exemption from Capital Gains Tax that may also be available to the donor.

All the tax relief goes to the donor of the property.