UK Taxpayers
HMRC advice for UK taxpayers
Information on tax deduction for dual centre tax payers.
If you would like to personally discuss a gift personally, please email the
TSF Development Committee
Or call
0207 978 0611 to discuss your requirements.
To donate through the Just Giving using the online form click here.
If you do NOT want your name to be added to our published list of donors please
let us know.
Thank you!
Payroll Giving
Payroll Giving is a tax-effective way of giving a regular or one-off amount direct from your salary, so that tax relief is automatically received at your top rate. Your Human Resources department will advise you.
Company Giving
UK businesses can claim tax relief when they give money to UK registered charities, although the procedure is different for companies, partnerships and the self-employed. We recommend that you consult your accountant about the appropriate procedure.
Corporate programmes and matching gifts
Make your donation doubly meaningful by harnessing your company’s charity donations or matching gift programme. Make your contribution count. Contact your Human Resources or administration department and ask for donation guidelines if your Company operates a gift matching program. Decide how much you want to donate and fill in the appropriate forms to ensure your companies matching gift. Contact us if you have any questions or we can help in any way.
Gifts of Shares
A gift of shares can be a very tax-effective way of giving to a charity. Please contact us for more details.
Gift Aid
If you are a UK taxpayer, the Gift Aid scheme allows registered UK charities to reclaim the tax you have paid, regardless of the size or the frequency of the gift. Gift Aid increases the value of your gift at no extra cost for you. For every £10 you donate, we can claim an extra £2.82 from the Inland Revenue. Of course, if you give through your own charitable trust, or through one of the consolidated charity funds (such as Charities Aid Foundation), the tax has already been reclaimed; we do not make a further tax claim and the Gift Aid cannot be claimed. If you claim age-related allowances or tax credits, Gift Aid donations can sometimes increase your entitlement.
How do I know if I qualify?
For your donation to qualify as Gift Aid, you need to pay an amount of UK income tax or capital gains tax equal to the tax we reclaim on your donations e.g. you can donate up to about £3.50 for every £1 tax you pay.
What if I don’t pay tax at the standard rate?
If you pay tax at the higher rate of 40 per cent, we can still only reclaim tax at the basic rate of 22 per cent. You can reclaim the remainder on your tax return. If you pay tax at the lower rate of 10 per cent, we can still reclaim tax at the standard rate of 22 per cent. You must simply ensure that the total amount you have paid in tax is at least the total amount reclaimed by us and all other charities. As a general rule, you can donate up to about £3.50 for every £1 of tax you pay. If you stop paying tax, please let us know and we will cease reclaiming tax on your donations. If you have any query or would like to notify us of a change in your circumstances, please free to contact us.
