Tax Refund Gifts
If you are a UK taxpayer and complete a Self-Assessment tax form, you can donate all or part of your refund to the RGS Foundation. Enter the Reigate Grammar School charity code X87520 when completing your Self-Assessment. You can choose to make your refund a Gift Aid donation.
Stocks and Shares
You can receive additional tax relief by contributing gifts of stocks and shares to the RGS Foundation. The value of the gift can be offset against any income tax liability, as well as exemption from any liability for capital gains tax. This means that shares can be given at much reduced cost (personal circumstances may change this).
For a higher-rate taxpayer who donates £10,000 worth of shares, this will mean a reduction of £4,000 in his/her Income Tax liability, as well as avoiding any Capital Gains Tax liability, a further saving of £4,000. This means that shares can be given at a much reduced cost and there may be even a net cash flow gain, if the Income Tax relief is worth more than the shares cost in the first place.
Please contact Sean Davey, Development Director, if you would like to discuss donating shares and if you would like more information.
Gifts from Overseas
Donors who are resident in the United States can qualify for an income tax deduction on gifts made to RGS. Please contact the Foundation Office for more information on donating to the RGS Foundation via the British Schools and Universities Foundation in the United States. If you are a US taxpayer, your donation qualifies under Section 501(c) 3.
Payroll Giving
Many employers offer payroll giving, which means that you can give to the RGS Foundation and get immediate tax relief at your highest rate of tax. Employers frequently match or even double your contributions.
Pledge |
Cost to you (tax rate 20%) |
Cost to you (tax rate 40%) |
Employer Matching |
RGS Receives |
| £5 |
£4 |
£3 |
£5 |
£10 |
| £100 |
£80 |
£60 |
£100 |
£200 |
Company Giving
Companies which make donations to charity can reduce their liability for Corporation Tax through the use of the Gift Aid scheme. Also, many companies run gift-matching schemes. This means that when the employee donates to a charity their employer may match this donation. Therefore, if you are making a gift to the RGS Foundation, please check with your Payroll or HR Department whether your company runs such a scheme.
Further information
If you need any information about how to give to the RGS Foundation then please contact Sean Davey, Development Director: spd@reigategrammar.org