How to give to Charity
How to Give to Charity 2012
Your donations are crucial to our survival and help us to improve awareness.
Every little helps – literally
There are too many teenage girls beginning to show signs of endometriosis
We have our “Victoria” project ready to roll out in schools so any support will be welcome to help print the leaflets.
Give As You Earn
This is popular amongst large Companies and is the most tax efficient way to help us survive the recession.
Check if your employer offers this option. You give from your pre-tax pay.
A £1.00 donation only costs you 78p
(because you would otherwise have paid 20pc income tax on it, and 2pc National Insurance
This allows the Charity to reclaim basic rate tax already paid on your donation.
If you are a 40pc taxpayer you can reclaim the remaining 20pc tax paid on the donation
or 30pc for higher tax payers
through self assessment.
This extra money can either be given to Charity or can be put towards next year’s tax bill.
This can be used by bigger Charity donors.
Take out a Charity Account through the Charities Aid Foundation.
They supply a cheque book and a card.
Gift Aid is at the basic rate tax, so is reclaimed automatically and the statement acts as a record of Charitable Giving for tax purposes.
The minimum donation is around £100 lump sum or £10 per month as a Direct Debit.
The account charges 4pc each time money is paid in, up to a value of £17,500 a year.
Money which is left to a Charity in a Will is paid out before the size of the Estate is assessed for inheritable tax purposes.
From April 6th 2012, anyone leaving 10pc or more of their estate to a Charity will pay a reduced rate of 36pc, rather than 40pc, on the remainder of the estate liable for inheritance tax.
Please remember us in your Will.
From Daily Mail 4th April 2012