Gift Aid can apply to donations of any amount, made by cash, cheque, direct debit, debit or credit card, or even donations made with foreign currency.
The College is able to claim the amount of tax you have paid back, meaning that for every £1 donated to the College, we can claim an additional 25p.
Higher rate tax payers and also claim further relief by detailing your donation in your annual tax return. For more information see HMRC's pages on Gift Aid.
In order for the College to reclaim the tax you have paid on your donation(s), you must have paid an amount of UK Income Tax and/or Capital Gains Tax for each tax year (6 April one year to 5 April the next) that is at least equal to the amount of tax that the College will reclaim on your donation for that tax year (currently 25p for every £1 you give).
To make a tax efficient donation, simply sign the Gift Aid declaration and return to the Development Department . It is also possible to make a verbal Gift Aid declaration if you are donating over the phone.
- Congratulations to Royal Holloway Maths Alumna Dr Kaisa Matomäki of the University of Turku, Finland, on being jointly awarded the 2016 Sastra Ramanujan Prize with Dr. Maksym Radziwill of McGill University, Canada and Rutgers University, USA.
- Royal Holloway alumnus Christopher Nickol performs an incredible tribute to David Bowie