Old Members in the UK
We can claim back the basic-rate tax paid on donations from UK taxpayers. If you are a higher rate tax-payer, then you can claim the higher-rate tax back yourself on your self-assessment tax return. All of our donation forms have a Gift Aid declaration on them; if you believe you have not signed one yet and you are eligible for the scheme, please contact the Old Members’ Office.
The GAYE (give as you earn) scheme allows you to give tax-free to Queen’s directly from your salary. Donations are deducted at source by your employer. Please speak to the officer responsible for paying your salary for further information.
Gifts of shares
Gifts of shares are a very attractive way of giving to Queen’s. You will not pay capital gains tax on any appreciation in the shares’ value, plus you may claim tax relief at the highest rate you pay on the sum donated.
For example, if you bought £20,000 of shares in BT and they are now worth £100,000, you can give the shares to Queen’s and avoid £32,000 capital gains tax (assuming you are a higher-rate tax payer who has used all of the CGT personal allowance), plus you can claim £40,000 tax relief (assuming you are a higher-rate tax payer).
A gift of £100,000 therefore ‘costs’ you only £28,000!
Old Members in mainland Europe
Old Members in certain mainland European countries can give tax-efficiently via the Transnational Giving Europe scheme. Please contact the Old Members’ Office for more information.
Old Members in the USA
Tax-deductible donations may be made via our North American_donation_form. Gifts are received and administered by Americans for Oxford, Inc., which is a 501c3 tax-exempt public charity.
Old Members in Canada
Tax-deductible donations may be made via our North American_donation_form. Gifts are received and administered by the University of Oxford, which issues a receipt for income tax purposes.