Jesus College, Oxford

Turl Street, Oxford OX1 3DW
Telephone (01865) 279700

Gift of Buildings or Land

If you donate land or buildings to College you can benefit from income tax relief and exemption from capital gains tax, in a similar way to making gifts of shares. You must be able to show that the College has agreed to accept the gift.

Tax relief is given for the market value of the property as a deduction from your income tax liability for the tax year in which the gift is made.  The income tax relief is in addition to exemption from Capital Gains Tax.  The market value of the property is the amount that would be paid for the property if sold.  The amount that can be deducted is:

  • the market value of the property, plus
  • any associated costs of transferring the property such as solicitor’s fees; less any proceeds of the sale or the value of any benefits received in consequence of making the gift.