GIFT AID
If you are a UK taxpayer and make a donation to The Royal Ballet School, it could be worth considerably more if you sign a Gift Aid Declaration.
How does Gift Aid work?
If you give your permission, by completing a Gift Aid Declaration, The Royal Ballet School can reclaim the tax you paid on your donation from the Inland Revenue. This will increase the value of your donation by 25% at no extra cost to you. This means that a £10 donation will be worth £12.50 and for every £50 gift The Royal Ballet School will actually receive £62.50.
Do you have to give regularly?
It doesn't matter whether you make a one-off donation or set up a regular standing order or direct debit. A single Gift Aid declaration will cover all your donations, and any future donations you make, to The Royal Ballet School.
Who is eligible for Gift Aid?
Any individual who is a UK taxpayer.
Even if you are not employed, you are still eligible if you are paying tax on any of the following:
- Personal or occupational pension
- Stocks and shares
- Bank and building society savings accounts
- Rental income
- Overseas and UK investment dividends
Please note:
- You must pay more income or capital gains tax in the year than the annual tax reclaimed on your donations
- Higher rate taxpayers can claim further tax relief on donations made under the Gift Aid Scheme
- Corporate donations and those made from Charitable Trusts or Foundations are not eligible for Gift Aid
- You can cancel your declaration at any time by notifying The Royal Ballet School
For further information please contact:
Sarah Eliot-Cohen, Head of Development,
The Royal Ballet School, 46 Floral Street, Covent Garden, London WC2E 9DA
t: +44 (0)20 7845 7070 or email development@royalballetschool.co.uk
Registered Charity No: 214364
