A large number of organisations throughout the UK, including charities, museums, universities and schools, are in a unique position to accept gifts of shares. While gifting shares is not a new idea, tax incentives such as income tax relief and capital gains tax relief make share gifting more attractive than ever before.
Barclays Stockbrokers can set up a straightforward facility for institutions looking to simplify the share gifting process and provide a gratifying experience for the Donor.
Named members of the Barclays Stockbrokers Corporate team are dedicated to helping institutions with their share gifting needs.
The Service
For the institution:
- An account is set up with Barclays Stockbrokers, with a straightforward tick list and account opening documents provided to the institution.
- A member of the Barclays Stockbrokers Corporate team is available to assist with any aspect of the account opening process.
- Gifted shares are lodged into the institution's Barclays Stockbrokers account.
- The institution is notified when shares have been added to their account, and are available to trade, online or by telephone.
For the Donor:
- A Donor pack is provided to the gifting individual or company. This contains step by step instructions for the Donor to follow, eliminating any confusion and ensures the Donor doesn't become discouraged.
- A named member of the Barclays Stockbrokers Corporate team is available to support the Donor throughout the process.
What next?
if you're an institution looking for a convenient facility to receive gifted shares, please
contact Corporate Services
