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How You Can Donate to the Kent Peoples Trust

You can give a donation to the trust in 3 ways :

1. Online - Click Here to give a donation securly online using the Charities Aid Foundation.

2. Telephone - Call CAF on 01732 520111 , Monday to Friday 9 a.m to 4.30 p.m

3. Post - Click Here to load a donation form to fill in and then send with a cheque made out to 'Charities Aid Foundation' to : CAF - Charity Administration, Kings Hill, West Malling, Kent, ME19 4TA

Tax Relief
New tax relief’s have been introduced which allow Charities to reclaim tax on donations from U.K. taxpayers. If you are a taxpayer and would like your donation to us to go even further and at no extra cost to yourself, please complete and sign the Charities Aid Foundation Gift Aid Declaration and send it with your donation.

Tax Relief on Charitable Giving Major enhancements to the rules on charitable giving mean that there has never been a better time to give and there are many forms of donations other than cash.

Full information can be provided on request but here is a brief summary of how donors can structure their gifts in the most tax effective manner
Personal Tax Relief
Gift Aid

Gift Aid is a simple scheme which permits all one-off donations by UK taxpayers, however big or small, to qualify for income tax relief. Procedures have been simplified so that by merely filling in the gift aid declaration on the Trust’s donation form the Trust will be able to claim the Tax back on any donation made.

The further good news, from the donor’s view point, is that if they are a higher rate (40%) taxpayer then any charitable gift will also reduce their tax bill.

Example Herman, a 40% taxpayer, gifts £200 to the Kent People’s Trust. Tax Benefit to the Trust - Net receipt £200 plus Tax recovery of £56 equals a £256 donation to the Trust in total. Tax Benefit to Herman - This is based on the difference between the higher & basic tax rates applied against the gross donation. For example 40% - 22% = 18% giving a Tax saving of (£256 x 18%) = £46. This saving will be set off against Herman’s overall tax bill for the year. Thus, in this example the overall benefit to the Trust was £256 at a cost to Herman of only £154.


Gifts of "Qualifying Investments"

Tax relief at a rate up to 80% can now be achieved by gifting “qualifying investments” such as stocks & shares with 40% of this relief coming by way of an income tax saving to the donor. Thus if a higher rate taxpayer gifted quoted shares worth £1000 to a charity they would receive a deduction of £400 from their income tax bill for the year.

A further 40% saving can arise from capital gains tax. Let’s imagine a higher rate taxpayer holds shares worth £1000 which would generate a taxable gain of £1000 when sold. A sale of these shares by the taxpayer could generate a 40% liability and net proceeds of only £600. A gift to charity, however, can be made “tax free” thus the charity would receive a full £1000 in value and they -being exempt from most taxes- could sell the shares tax free.

Example - Ron (a 40% taxpayer) holds shares in Hogwells Ltd currently worth £5000 and would suffer a £2000 tax bill if he sold these shares. However, if Ron gifted the shares to the Kent People’s Trust his capital gains tax bill would be nil, the charity would receive the full £5000 and in addition the Inland Revenue would give Ron a £2000 income tax refund.
Business Tax Relief
Tax Relief Improvements to business giving have also been introduced so that businesses can help charities in several ways. Forms of business giving can include sponsorship and gifts of services, qualifying investments, stock, plant and machinery which in certain circumstances will qualify for tax relief. Cash gifts by businesses to charity are tax deductible provided that:

• The gift is reasonably small in relation to the donor's business.
• The charity is local to the business.
• The gift is wholly and exclusively for the purpose of the trade.
Other Tax Reliefs
Capital Gains Tax

The general rule is that gifts to charity take place on a no-gain, no-loss basis and this applies to land and buildings, antiques etc. Example Ron gifts Quiddley Towers - a property which includes a £100,000 capital gain - to The Kent Peoples Trust. The gift will not trigger the gain in Ron’s hands and the charity acquire the property at Ron’s base cost and would be able to sell it free of tax at a later date.

Inheritance Tax

Gifts to charity are generally exempt from Inheritance Tax both in lifetime and on occasion of death.
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