
Single cash gifts
Single or one-off donations, whatever their size, qualify for tax relief under the Gift-Aid scheme.
If you are a higher-rate 40% tax payer, you yourself can claim further tax relief. Simply enter the details on your tax return.
Examples of single gifts based Income Tax at 20%
Single Cash Gift | Tax Benefit | Amount to the Prior Foundation |
£500 | £125 | £625 |
£1000 | £250 | £1250 |
£3000 | £750 | £3750 |
£500 | £1250 | £6250 |