SHARE GIVING

Do you have any shares that you really don’t need or have inherited shares that generate more paperwork than income or are you simply looking at ways to reduce your tax bill?
If so, please consider donating your unwanted shares, to Rossendale Hospice.

By donating your shares you may get substantial relief on your Income Tax bill, as well as exemption from Capital Gains Tax on any gains you may have made.

If you sell shares that have increased in value since they were bought you make a Capital Gain. If the gain is above a certain amount each year, you may be liable to paying Capital Gains Tax. However, if you donated the shares to Rossendale Hospice you would not be taxed on any gains made.

To find out more about tax-effective giving please visit www.hmrc.gov.uk or a reputable financial advisor.

If you would like to donate your shares, please contact Sam on 01706 253633.

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