Gifts in kind
Properties and works of art are all exempt from Capital Gains and Inheritance Tax. If you wish to make a gift in kind to Durham School please contact the development office. email@example.com, 0191 731 9270 ex 313109
Gifts from Limited Liability Companies and Partnerships
Those who would like to help the Durham School through their limited Liability Companies and Partnerships might may also like to bear in mind that donations to the School offer tax benefits to companies when computing their Corporation Tax liability, and that no forms are necessary to make tax-efficient donations to the School.
There are a number of tax-efficient methods of making a gift to the School. For further information you may also wish to consult the Direct Gov website.
In Memory Gifts and Memoriam Funds
Remember a Loved One Who Loved Durham School
Making a donation to a cause or institution in memory of a loved one can mean a great deal. Such gifts acknowledge the significance of something they considered important in their life, or in other instances, it offers the hope of a tangibly positive outcome in the trauma of bereavement.
A gift could be a single donation made in their memory, or a fund could be established in your loved one’s name to enable friends and relations to donate in lieu of flowers. Another option to consider would be a named fund which could receive an ongoing dedication to support a particular house, department, bursary or other area of School life.
If you wish to discuss giving to honour the memory of someone close to you, please contact please contact the Development Team, firstname.lastname@example.org, 0191 731 9270 ex 313109.
Your company may run a Payroll Giving scheme, through which you can make a regular gift to Durham School through your payroll, and your employer may even match your contributions.
For example, a £15 gross salary deduction would reduce the overall tax liability of:
• a basic rate taxpayer (paying 20% tax) by £3.00
• higher rate taxpayers (paying 40% tax) by as much as £6
• super rate taxpayers (paying 50% tax) by as much as £7.50
So, that £15 donation costs £12.00 (for basic rate taxpayers), £11 (for higher rate taxpayers) or £7.50 (for top rate tax payers).
As your HR team for details.