Contact us at: Safe Anaesthesia Worldwide
White Lyon House, Marden, Kent, TN12 9DR, UK.
Registered Charity Number 1148254
Donating shares to help people overseas is both easy for you to do and tax-effective. Your gift of shares will be exempt from Capital Gains Tax and in some cases may reduce your taxable income by the market value of the shares gifted.
How does it work?
You can claim tax relief equal to the market value of the shares on the day you make the gift, together with any associated costs such as brokers' fees. The relief is against your income tax for the year.
For example, if the shares you give are worth £1,000, Safe Anaesthesia Worldwide will benefit from that gift and you will pay £200 or £400 less in income tax that year, depending on whether you are a basic-rate or high-rate taxpayer.
What’s interesting is that you are exempt from paying Capital Gains Tax on any increase in the value of the shares since you bought them. In theory this could mean an extra 'saving' of up to 40% for a high-rate taxpayer.
Tax relief is available for certain shares and securities. For more information see the HMRC's guidance notes http://www.hmrc.gov.uk/individuals/giving/assets.htm
What do I need to do to make a gift of shares to Safe Anaesthesia Worldwide?
There are organisations to help guide you through the process. You can make a gift of shares and name Safe Anaesthesia Worldwide as the charity you wish to benefit from the proceeds.
For more information, the Charities Aid Foundation (CAF) provides a range of services to handle gifts of shares, both large and small. You can contact CAF's client managers on 03000 123 028 (9am-5pm Monday to Friday) or at Kings Hill, West Malling, Kent, ME19 4TA, or visit https://www.cafonline.org/my-personal-giving/long-term-giving/share-giving.aspx
If you have a small number of shares, you can make a gift through ShareGift, which will be added to shares given by other people. You can suggest Safe Anaesthesia Worldwide as a beneficiary of ShareGift when you send in your shares. Contact ShareGift on 020 7930 3737 or visit www.sharegift.org
When making your gift of shares please remember to:
• specify Safe Anaesthesia Worldwide as the beneficiary charity
• keep evidence of the gift, and of the date it was made
• claim the appropriate tax relief.
For other ways to donate and fundraise, see the list on the left of this page
Your donation will enable SAWW to purchase, deliver and install appropriate anaesthetic equipment, and ensure that local staff are trained in its use and maintenance. We already have contact with anaesthetists working and teaching in many countries in Africa. We work closely with them to ensure that we provide precisely what they need.