Cash Donations
Under Gift Aid charities can recover the 20% basic rate tax that you have already paid on your gift. Higher rate taxpayers can personally reclaim the difference between the higher and basic rates of tax (currently 40%-20%=20%). Because basic rate tax went down from 22% to 20% in April 2008, the Government is offering transitional relief to charities for a period of time to ensure that we don't lose out so we still get back an amount equivalent to 22% tax.
To make an online cash donation, click here.
Gift Aid Examples
| You give | We get | 40% taxpayers reclaim | Net cost to you |
|---|---|---|---|
| £10.00 | £12.50 |
£2.50 | £7.50 |
| £25.00 | £31.25 | £6.25 | £18.75 |
| £50.00 | £62.50 | £12.50 | £37.50 |
| £100.00 | £125.00 | £25.00 | £75.00 |
| £1,000.00 | £1,250.00 | £250.00 | £750.00 |
| £5,000.00 |
£6,250.00 | £1,250.00 | £3,750.00 |
| £10,000.00 |
£12,500.00 | £2,5000.00 | £7,500.00 |
| £50,000.00 | £62,500.00 | £12,500.00 | £37,500.00 |
| £100,000.00 |
£125,000.00 | £25,000.00 | £75,000.00 |
| £250,000.00 |
£312,500.00 |
£62,500.00 | £187,500.00 |
You can also give in monthly, quarterly, or annual instalments by Direct Debit. To set up a Standing Order please click on the image below, print the form, and return it to the Development Office.
Thank you.
