Tax-efficient giving in the UK

This information is for alumni who are UK taxpayers. If you are not a UK taxpayer, please visit our separate page on tax-efficient giving outside the UK.

Gift Aid

Alumni who are UK taxpayers can make their donations tax-efficient by completing a Gift Aid declaration, allowing BNC to reclaim 25p for every £1 donated. Until 5 April 2011, we will also receive an additional 3p per £1 in Transitional Relief.

Gift Aiding your donation is an easy and effective way to maximise the value of your gift at no extra cost to you. You must pay Income or Capital Gains tax at least equal to the amount we will reclaim, and if you are a higher rate taxpayer, you can get further tax relief by completing the relevant section on your HMRC self-assessment tax return form.

Donations made online can be Gift Aided, or alternatively you can complete the Gift Aid section on the donation form.

Payroll Giving

Payroll Giving is a scheme that enables employees to give to UK charities out of their gross salary, thereby receiving immediate tax relief. All you need to do is ask your payroll department to deduct a regular charitable contribution from your salary. For more information, please visit the Payroll Giving website or contact the Development Office .

Gifts of Shares

Making a gift of shares to a charity can result in substantial tax relief for the donor. If you are interested in making a gift of shares to BNC, please contact us .