Tax effective giving

Charitable giving can be an effective option for reducing tax liability both for private individuals and for corporate donors.

Gift Aid

Any UK taxpayer who gives to charity can allow the charity to reclaim the basic rate tax already paid on the donation, using the Gift Aid scheme. A basic rate taxpayer would give the charity an extra £28.20 in addition to every £100 they donate at no cost to themselves.  A higher-rate taxpayer can claim additional tax relief through their tax return.

Click for Gift aid form

Legacies

A legacy to the Community Foundation is completely free of Inheritance Tax.

Gifts of Shares

Share Giving is exempt of capital gains tax and also qualifies for income tax relief. The donor can also claim tax relief on the full value of the donation.

Payroll Giving

Many employees can give to charity through a Payroll Giving scheme. Employers deduct regular donations from pre-tax pay and pass it to the nominated charity. This means any tax that would otherwise have been paid goes straight to the charity.

Company Tax Benefits

Businesses obtain corporation tax relief when they give to charity. A £50,000 donation to a Fund at the Community Foundation could cost a company just £7,800 per year for 5 years.

© The Community Foundation for Wiltshire & Swindon (Registered Charity 1123126)

• Sitemap
• Privacy
• Terms
• Accessibility

Phone 01380 729284