Q: Good afternoon 5i
I read recently that it is possible to donate shares which have had a capital loss to charity. I was aware of the capital gain rule but not this. I tried to search this question but with no luck. I am sure that you would know. Is there any big advantage to doing this if one also has sizeable capital gains?
Thanks
I read recently that it is possible to donate shares which have had a capital loss to charity. I was aware of the capital gain rule but not this. I tried to search this question but with no luck. I am sure that you would know. Is there any big advantage to doing this if one also has sizeable capital gains?
Thanks