The Temple Music Foundation is a registered charity (no. 1095141) and so gifts from UK taxpayers can be made under the Gift Aid Scheme. This enables us to reclaim the basic rate of tax that was paid on your donation, which equates to 25 pence in every pound on gifts from UK taxpayers. For example, every £100 gift is actually worth £125 to the Foundation. In order for us to reclaim the tax on your donation, you must have paid UK Income or Capital Gains Tax equal to the tax that will be reclaimed.
Higher rate tax-payers can also reclaim the difference between the Basic and Higher (40%) rate of tax through their self-assessment tax return. So a gift of £100 will cost a Higher rate taxpayer £75 once they have reclaimed the difference between Basic and Higher rate tax.
Use the Gift Aid calculator below to see how your donation will benefit the Temple Music Foundation and the actual cost to the donor.