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How does gift of shares affect adjusted net income

Answer
Iain Williams
Posted Tue, 10 Dec 2024 16:46:20 GMT by Iain Williams
If I gift shares to a UK registered charity, rather than using gift aid, does the amount gifted go towards reducing adjusted net income when determining whether my personal allowance is tapered?
Answer
HMRC Admin 20 Response
Posted Thu, 09 Jan 2025 09:29:07 GMT by HMRC Admin 20 Response
Hi,
No as it is an asset that you have gifted and not cash.
Thank you.

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