Tax efficient giving can enhance the value of your gift to the Queen Mary, University of London Foundation if you are a UK tax payer.
Gift AidThe value of your gift to the Queen Mary University of London Foundation can be enhanced by as much as 25 per cent if you sign a Gift Aid Declaration.
Gift Aid allows the Foundation to claim the Basic Rate of Income Tax, currently 25 per cent, on your gift.
Basic-rate tax payerDonation to QMUL Foundation: £100Amount reclaimed from HMRC: £25Total received by QMUL Foundation: £125
Higher-rate tax payerDonation to QMUL Foundation: £100Amount reclaimed from HMRC: £25Total received by QMUL Foundation: £125Amount reclaimed by donor on tax return: £25Cost to donor to give £125 to QMUL Foundation: £75Self-Assessment Tax ReturnIf you fill in an annual Self-Assessment Tax Return, you are now able to give some or all of any tax refund, which you may be due, to a charity of your choice, by simply ticking the box on your Self-Assessment Tax Return and quoting the QMUL Foundation's unique reference number YAT 56FG. For more advice, please email the Development team.