Tax efficient giving through your monthly pay, tax return or the donation of shares is a great way to give as your donation is made before tax. So for each £1.00 you give will only cost you 80p. And if you're a higher rate tax payer it will only cost you 60p.

Giving to charity through your payslip or pension ('Payroll Giving')
If you pay tax through PAYE (Pay As You Earn), Payroll Giving offers a simple way to reduce the cost to you of making regular gifts to charities. If your employer or company/personal pension provider runs a Payroll Giving Scheme, you simply authorise them to make the donation from your wages or pension before deducting any tax. See the HM Revenue and Customs website for more information.

Donating through your self assessment tax return
You can also choose to have all or part of your tax refund repayment sent directly to us. This is called 'Self Assessment Giving' or 'SA Donate'.

To donate to Together for Short Lives you will need our Inland Revenue Charity code number: WAD94SG.

Gifting shares
As well as income tax relief, giving shares also exempts the donor from capital gains tax. The amount of the gift can be set off against your taxable income in the year of the gift.

Donors can claim income tax relief equal to the market value of the shares on the day the gift is made. This means that a higher rate taxpayer making a gift of £10,000 worth of shares to a registered charity will receive income tax relief of 40% (£4,000) of the full value.

Who to contact for more information
Please contact Tracy Tait on 0117 989 7825 for more information about tax efficient giving.