UK Higher Rate Tax Payers

If you are a higher rate UK taxpayer, which is currently 40%, you can also claim tax relief on your donation to the University at the rate of 20% of your gross donation, or .25p for every £1 you give through Gift Aid.

With the introduction of the 45% tax rate in April 2013 for donors whose earnings are over £150,000 per annum, the University will still be able to claim the basic rate of tax and you can potentially claim the difference between the basic rate of tax (20%) and the highest rate of Income Tax you pay.

If you complete a tax return, the tax relief can be reclaimed by entering the amount donated in the relevant section. If you wish to donate all or a percentage of your tax relief to the University this needs to be entered on the SA 100 Charity form. More information on this topic can be found on the Giving via your tax return section of our website.

The example below illustrates the benefits to UK higher rate taxpayers. A larger example can be found here.

Please note that donations made through CAF voucher or Payroll Giving are not eligible for Gift Aid.

The University of Southampton is an exempt charity, which means that the University will not pay tax on any donation income.

For further information please contact the Office of Development and Alumni Relations or phone on +44 (0)23 8059 9079.

Tax relief for UK Higher Rate Tax Payers

Tax relief for UK Higher Rate Tax Payers

If you are a higher rate UK taxpayer, you can claim tax relief on your donation to the University

Related pages:

Giving via your tax returnGift Aid

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Key facts