Tax-efficient giving
In the UK
UK residents can make tax-efficient charitable donations via a number of schemes.
Employers may also operate schemes that match their employees gifts made to charity (ask your HR department for more information).
Gift Aid
Gift Aid is a UK government scheme that enables the College to claim tax relief on donations from UK tax-payers. We encourage all eligible donors to take up this scheme to maximise their donation, for every £1 a UK taxpayer donates, 25p in reclaimed tax is added. A £100 gift is, with Gift Aid, worth £125 to the College, at no extra cost to the donor.
Please note that we share relevant and necessary data with HM Revenue and Customs to enable us to reclaim the Gift Aid on your donation.
Donations from companies are not eligible for Gift Aid, though the company can treat the gift as an allowable expense, making a saving on Corporation Tax.
Payroll Giving
UK Taxpayers who are paid under PAYE (Pay as You Earn) can maximise regular donations to the College through payroll giving. Gifts made in this way are taken directly from the donor’s gross pay, giving immediate tax relief at the highest rate of tax for which they qualify.
If you would like to give to the College in this way, please request an application from your employer, specify that you wish to support The Queen’s College Oxford and your employer will then deduct your gift from your salary to send through to the College before tax is applied. You will need to tell us that you are planning to make such a gift, as we are not automatically notified.
Giving Stocks and Shares
Gifts of shares are subject to the most tax relief, combining relief on Income and Capital Gains Tax. In the UK, shares qualify for tax relief equal to the market value of the shares on the day the gift is made, including associated costs such as broker fees. The tax relief can then be claimed for the year in which the gift is made. Please click here to make a gift to Queen’s via the University of Oxford Development Trust.
| Shares gifted with a value of £1000 | Cost to share owner paying tax at the basic rate: £800 | Cost to share owner paying tax at the higher rate: £600 | Cost to share owner paying tax at the additional rate: £550 | Value of your gift to Queen's: £1000 |
| Income tax relief you can claim: £200 | Income tax relief you can claim: £400 | Income tax relief you can claim: £450 |
Leaving a gift in your will
Legacies to Queen’s are exempt from Inheritance Tax and simple to put in place. Current UK legislation rewards a gift of 10% of a deceased’s estate to charity by reducing the rate of Inheritance Tax paid on an estate from 40% to 36%, so such a gift would work to the benefit of the deceased’s estate and Queen’s.
In the US
If you are a resident of the USA you can give to Queen’s via Americans for Oxford, Inc. This is the University’s primary charitable organisation in North America, and has been determined by the United States Internal Revenue Service to be a tax-exempt public charity with 501(c)(3) status. If you would like to donate to Oxford via AFO, please click here.
Oxford Planned Giving is a scheme available to US residents. Planned gifts benefit the College, whilst helping to save you taxes, increase your income and pas more on to your heirs. US Old Members wishing to give shares should visit Americans for Oxford page here.
In Canada
The University of Oxford is recognised by the Canadian Revenue Agency as a prescribed institution under Section 3503 of the Canadian Income Tax Regulations. Please specify that you need a receipt for Canadian tax purposes when you make your donation.
In China and Hong Kong
The University of Oxford China Office Limited is a registered charity under Section 88 of the Inland Revenue Ordinance. The China Office is able to issue gift receipts for Hong Kong tax purposes. Please read more about tax-efficient giving for Hong Kong donors here.