SHARE GIVING

Giving shares to Rossendale Hospice can be mutually beneficial to the company that gives them.

Did you know:

• Companies can claim Corporation Tax relief for gifts of shares
• Companies may also claim relief if shares are sold at less than their market value
• Companies gain the relief in addition to any exemptions from Corporation Tax on any capital gains on gifts to the charity, securities and other assets.

Your company should deduct the amount while calculating the company profits in the accounting period in which the shares are given.

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