Making your gift go further

Every penny you donate to Corrymeela makes a difference and we are very grateful, but did you know that you could be making an even bigger difference, without any extra cost or complication?

Your donation can be worth an extra 28% – which is great.

Gift Aid                                 

Gift Aid allows Corrymeela to reclaim the basic rate tax you have already paid on the money you donate to us. It can increase the value of your gift by up to 28p on every pound.

You just have to complete a declaration saying that you pay enough tax to cover what we will reclaim from HM Revenue & Customs.

And it gets better. If you are a higher rate tax payer, you can also claim back the difference between basic and higher rate tax. That means that for every pound you give to help our work at Corrymeela, you can get 18p back from the taxman – which you can keep, or give to charity. So the taxman could actually reward you for your generosity!

Give now on line tax effectively

Giving through your payroll

If your employer offers a payroll giving scheme such as Give As You Earn, your donation to Corrymeela can be taken from your salary at source, before it’s taxed. This way, a donation of £10 a month effectively ‘costs’ £7.80. For higher tax rate payers, that same £10 donation would ‘cost’ a mere £6.

To find out more about Give As You Earn contact Jo Watson, jowatson@corrymeela.org

Giving shares

 
If you want to give shares to us, you could earn a double tax benefit – your gift will be exempt from Capital Gains Tax, and you can also reduce your taxable income by the market value of the shares. For example, if you are a higher rate taxpayer and donate shares valued £1,000, you could claim up to £400 Income Tax relief as well as saving up to £400 in Capital Gains Tax.

Other non-cash gifts

If you give personal assets such as works of art to Corrymeela, you’ll be exempt from Capital Gains Tax on the value of the assets you give. You may also be able to claim a deduction of the value of the gift against your taxable income.

Contact us on 028 9050 8080 to discuss your personal circumstances.