
|
How to Donate |
|
The Gift Aid scheme is for gifts of money by UK taxpayers. The Foundation can take your donation - which is money you've already paid tax on - and reclaim basic rate tax from HM Revenue & Customs (HMRC) on its 'gross' equivalent - the amount before basic rate tax was deducted.
Basic rate tax is 20 per cent, so this means that if you give £10 using Gift Aid, it’s worth £12.50 to the Foundation. For donations between 6 April 2008 and 5 April 2011 we will also get a separate government supplement of 3p on every pound you give.
In order to make a Gift Aid donation you’ll need to make a Gift Aid declaration. We will ask you to complete a simple form - one form can cover every gift made to the Foundation for whatever period you choose and can cover gifts you have already made and/or gifts you may make in the future.
If you pay higher rate tax, you can claim the difference between the higher rate of tax (40 per cent) and the basic rate of tax (20 per cent) on the total (gross) value of your donation to the Foundation. For example, if you donate £100, the total value of your donation to the charity is £125 - so you can claim back 20 per cent of this (£25) for yourself. You can make this claim on your Self Assessment tax return if you were sent one.
Deed of Covenant Gifts can still be made by individuals on a regular basis through a Deed of Covenant and the Foundation is able to reclaim tax on your payments through the Gift Aid scheme.
The donations made under a 'Deed of Covenant' can be made in whatever way suits you best, whether it be weekly, monthly, quarterly or annually.
Land, buildings, shares and securities Individuals are able to get income tax relief on gifts to charity of certain shares, securities, land or buildings in addition to the capital gains tax relief on gifts of assets to charity.
Companies are now also able to get corporation tax relief for gifts to charity for the same types of investment mentioned above. Companies can get these reliefs in addition to relief from corporation tax on capital gains on gifts to charity of shares, securities and other assets.
Legacy Giving This method is available to all supporters of the Foundation. It is a very tax efficient way of giving as gifts are exempt from either inheritance tax or capital gains tax. You may pledge either a fixed amount or a percentage of your will. For more detailed information on this scheme and how to make such a bequest, please contact the Foundation office.
Gifts in Kind Non-monetary donations of gifts in kind, such as services or personal property will all be recognised as contributions to the Foundation and will be greatly appreciated. |


|
Registered No. 1126671 |
|
Donations, no matter how large or small, can be made in a number of ways:
Cash Cheque Postal Order Bank Transfer Standing Order Credit/Debit card |