Small parcels of shares, which may be uneconomic to sell can be donated to ShareGift – a charity share donation scheme operated by The Orr Mackintosh Foundation (registered charity no. 1052686).
There are no implications for capital gains tax purposes (on gain or loss) on gifts of shares to charity and it is also possible to claim income tax relief.
Further information about ShareGift may be obtained direct from ShareGift on 020 7930 3737 or at www.sharegift.org.