Donating straight from your wages or pension
If your employer, company or personal pension provider runs a Payroll Giving scheme, you can simply tell them to make a gift to Fitzwilliam from your wages or pension before taking off any tax. For example, if you pay tax at the basic rate of 20% and make a monthly gift of £10, you save £2 tax (20% of £10), making the cost to you £8. Contact your Human Resources or Personnel department to set up Payroll Giving.
Gift matching schemes
Many companies also operate gift-matching schemes. When an employee makes a gift to a registered charity, the company matches this donation, either in full or in part. To find out if your company operates such a scheme and to obtain a copy of their matching gift form, please contact your Human Resources or Personnel department.
Gifts of listed shares, securities and real property
Gifts of listed shares, securities and real property by UK tax payers have become one of the most tax-efficient ways of giving. They attract full relief from Capital Gains Tax and, in addition, allow you to claim Income Tax relief on the full value of the gift at the time the shares, securities or real property are transferred to the College – a double tax saving. Please contact the Development Director who will be pleased to assist.
Donating via your Self Assessment tax return
If you complete a Self Assessment tax return, you can donate to Fitzwilliam all or part of any tax repayment due to you, simply by entering the College’s details in the relevant section of the tax return form. Gifts made in this way are also eligible for Gift Aid (see below).