Total:
£
Tax-Efficient Giving
Donations to the school represent tax-efficient giving opportunities, through gift aid, tax rebates for highest earners, and tax deductible donations for HK & US citizens.
As a registered Charity we can reclaim tax on all donations made by UK taxpayers. For every £100 donated we will receive an extra £25 at no extra cost to you. If you pay a higher rate tax, you can also claim the difference between the higher rate of tax 40 and/or 45% and the basic rate of 20% on the total gross value of your donation.
For example: If you donate £100, the total value of your donation is £125 – so you can claim back:
£25 - if you pay tax at 40% (£125 x 20%)
£31.25 - if you pay tax at 45% (£125 x 20%) plus (£125 x 5%)
| Total Gift Value to College incl Gift Aid (£) |
Equates to £/month over 5 Years |
Amount Given (£) |
Actual Cost to 40% Tax Rate Payer (£) |
Actual Cost to 45% Tax Rate Payer (£) |
| 750 | 10 | 600 | 450 | 412.50 |
| 1,850 | 25 | 1,500 | 1,125 | 1,050.00 |
| 3,750 | 50 | 3,000 | 2,250 | 2,062.47 |
| 10,000 | 133.34 | 8,000 | 6,000 | 5,500.00 |
| 20,000 | 266.67 | 16,000 | 12,000 | 11,000.00 |
| 50,000 | 666.67 | 40,000 | 30,000 | 27,500.00 |
| 100,000 | 1,333.34 | 80,000 | 60,000 | 55,000.00 |
| 250,000 | 3,333.34 | 200,000 | 150,000 | 137,500.00 |