30th September 2003

Share GivingThe UK experience – what can

we learn?

Bridget Roe

Charity Director, ShareGift

30th September 2003

Tax relief for giftsof shares in the UK

If you donate shares to a UK charity, you can claim income tax relief of 40% or 22%.

In addition, you will not pay any Capital Gains Tax, which you might have had to pay if you had sold the shares instead.

30th September 2003

Shares or Gift Aid?

A gift of shares worth £1,000

£1,000 less £400 tax relief costs a 40% taxpayer £600 and no Capital Gains Tax.

Nothing further for the charity to claim.

A gift of £1,000 cash by Gift Aid

£1,000 less 18% marginal tax relief costs a 40% taxpayer £820.

Charity can claim £280 in Gift Aid.

30th September 2003

Impact for UK charities

• 12 million UK shareholders own £200 billion pounds worth of shares

• Estimated £100 million donated in 2000 (based on Inland Revenue sample of tax returns)

30th September 2003

Cancer Research UK

• Average £300,000 per year• About 20 donations per year of which 5

major• Largest donation so far is £200,000• Other donations include 2 year “lock

ins” from new company flotations• Financial advisers are key source of

donations

30th September 2003

£0£200,000£400,000£600,000£800,000

£1,000,000£1,200,000£1,400,000£1,600,000

1996/7 1998/9 2000/01 2002/03

Grants Made

Grants

30th September 2003

30th September 2003

Sample Grants

• Cancer Research UK, £75,000

• The Prince’s Trust, £65,000

• NSPCC, £55,000• Help the Hospices,

£25,000• UNICEF UK,

£22,000

• Trocaire, £5,000• Vauxhall City Farm,

£1,000• Bristol Playbus

Project, £500• St Francis Hospice,

£100

30th September 2003

Analysis of Charitable Support

Children9%

Conservation2%

Education4%

Faith4%

Health35%

Local/Community3%

Other2%

Overseas Aid9%

Social Welfare18%

Special Appeals4%

Sport2%

Animal Welfare5%

Arts/Heritage3%

30th September 2003

Corporate Links

Vodafone Group

HSBC

Cadbury Schweppes

Marks & Spencer

Barclays

BT Group

Imperial Tobacco

Whitbread

Balfour Beatty

National Grid Transco

BAE Systems

Cable & Wireless

30th September 2003