Gifts to Bursary Hardship Fund with School fees
Thank you for considering making a gift to the School to help others who might be in particular difficulty at this time. The Governors have announced a reduction in the fees for the Summer Term and anything you wish to pay above the reduced level will be considered to be a charitable donation. Your generosity is sincerely appreciated by the School. By giving to bursaries you are helping families that need urgent assistance with School fees. It will allow girls to continue their education undisrupted and upholds the pastoral care we provide.
If you are a UK taxpayer paying enough tax to cover this donation, and you agree to Gift Aid the donation, the gift will be worth more to the Bursary Hardship Fund at no additional cost to you.
Higher-rate or additional-rate taxpayers can claim back the difference between the rate they pay and the basic rate on their donations. St Helen’s can also increase the value by 25% by claiming Gift Aid.
For an example of what this gift might look like for tax purposes, please see below which uses the 15% discount for years 7 – 13:
Higher-rate taxpayer
Payment of £6,107, of which £916.05 is a charitable donation.
School claims Gift Aid, making the gift worth £1,145.06
Benefactor claims back £229.01 in tax through tax return, meaning the gift actually costs £687.04
Additional-rate taxpayer
Payment of £6,107, of which £916.05 is a charitable donation.
School claims Gift Aid, making the gift worth £1,145.06
Benefactor claims back £286.26 in tax through tax return, meaning the gift actually costs £629.79
