1 July 2011 – Sharity has received advice that effective immediately all off market share transfer forms must be accompanied by the following:
A cheque for A$50.00 made payable to the share registry of the company whose shares are being donated (eg. Computershare Investor Services Pty Ltd) to cover their fraud prevention security check on the authenticity of the donor's details.
An originally certified document verifying the identity of the shareholder donating the shares (eg. An originally certified copy of a drivers licence or passport).
This information can be verified by contacting Computershare Investor Enquiries on 1300 850 505.
Sharity - shares to charity, is a 100% Australian owned company helping shareholders with a small number of shares and a desire to support the community to gift their shares to a charity of their choice.
Sharity was instrumental in lobbying the Australian Government to facilitate changes to the tax laws to allow individuals to claim a tax deduction for 100% of the value of any shares (in an Australian publicly listed company) gifted to a registered charity. Individuals can now donate any number of shares valued from a minimum of $2.00 to any value at all - there is no limit.
Through Sharity, shareholders have the opportunity to gift their shares directly to charity without paying brokerage fees or commissions and receive a fully tax deductible receipt for gifts over $2.00.
For more information regarding share donations please go to www.ato.gov.au
Sharity supports: Westpac Life Saver Rescue Helicopter Service, Sir David Martin Foundation, Sir Roden Cutler Charities and Surf Life Saving Australia.
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