Gift of Property

A Gift of Property is an easy and effective way of giving to charity. You can help charities through LCVS by making a gift of a house or a piece of land.

A Gift of Property exempts the donor from Capital Gains Tax on the property, and also attracts Income Tax Relief. The amount of the gift can be set off against your taxable income in the year of the gift.

We can help you make a Gift of Property in two ways:

You can transfer the property to LCVS, who will sell it immediately upon receipt and pass the cash value of your gift, less the costs of the transfer and sale, to your Charity Cheques Account.
You can sell the property yourself and pass the proceeds to LCVS to be credited to your Charity Cheques Account. In order to do this, we will provide you with a written agreement.

Whichever method you choose, we will issue you with a certificate for the value received, to be used in completing your tax return.

Charity Cheques - helping individuals to give to charity

See examples on Income Tax benefits on Gifts of Property.