TAX EFFICIENT GIVING

The AKS Lytham Foundation is a registered charity (number 1191646) and benefits from Gift Aid on donations made by UK taxpayers. Gift Aid enables charities to receive additional funds on your donation, directly from HMRC.

For example, on a donation of £2,000, we claim £500 in Gift Aid, making the value of your total gift £2,500 to the school.

If you pay tax at a higher rate, you can claim back the difference between higher rates of tax (40% or 45%) and the basic rate (20%) on the total value of your donation.

For example, if you pay 40%, a donation of £2,000 allows you to claim £500 back, so the donation costs you only £1,500 net, but the School will receive £2,500.

Donors can get tax relief on gifts to charity of certain listed shares, securities and other investments. You can get income tax relief, in addition to capital gains tax relief on gifts of assets to charity. The tax relief applies if you give, or sell at less than market value, any qualifying investments to a UK charity.

An unlimited amount can be given to charity via payroll giving. It costs you less to give because your donation is given to charity from your gross salary before any tax is taken off – so you don’t pay tax on it.

American taxpayers can donate and options are available along with our other international supporters too.