Essex Community Foundation
"Working with ECF is increasing our understanding of local issues and enabling us to give support where it is needed most."
Rickard Luckin

Tax effective giving

If you are considering making a charitable gift during your lifetime or if you want to leave a legacy after your death, there are various tax incentives which may make your giving more attractive. 

For example an individual paying the highest rate of tax (the additonal rate) can create a charitable fund of £62,500 for a cost of £34,375, providing leverage of over 80%. This is achieved as follows:


Donation £50,000
Gift Aid £12,500
Total £62,500

Cost to Donor

Donation £50,000
Additional RateTax Relief £15,625
Cost to Donor £34,375

To discuss any aspect of tax effective giving please contact Perry Norton, Head of Development, on 01245 355947.