give shares

Share a good deal!

Did you know that when you give Progressio stocks and shares you receive tax relief on the remainder of your income?

Since 6 April 2000, individuals and companies have been able to receive generous tax breaks by donating stocks and shares to a charity. This can create a much-needed income for us while at the same time reducing your tax bill. Remember, if you are a higher rate taxpayer this will be at the full 40 per cent relief rate.

For example, if as a higher rate taxpayer you gave shares with a market value of £10,000, you would receive £4,000 in tax relief. So your generous gift would have cost you £6,000.

Likewise, if you are a normal rate taxpayer and you donate shares with a market value of £500, you would be able to claim a tax relief of £110, so the donation would cost you £390.

If you can support us at this time or need further information, please contact the Membership Services Team on 020 7288 8601.

Figures are taken from the website of the Inland Revenue.