Ways of giving
To make a donation
One-off donations can be made by cheque payable to the Royal Society of Medicine (Charity No. 206219).
You may also wish to spread your gift over a number of years by making an annual donation.
Making your donation tax efficient
When giving to a charitable cause, you can take advantage of a wide range of available tax reliefs. These increase the value of your gift to us, whilst making it more tax-efficient for yourself.
Giftaid
If you pay income tax or capital gains tax in the UK, the value of your donation can be increased by 25% through a Giftaid Declaration.
One Giftaid Declaration covers any and all donations you make from UK taxable income and enables us to claim back tax on your donation.
Gifts can also be spread over a number of years. So if you were to donate £20,000 each year for four years, the total value of your gift to us would be £100,000, even though the cost to you is only £80,000.
Online Giftaid form and further information.
Leaving a legacy
Charitable legacies are paid before tax is deducted, reducing the total amount of tax paid on the estate.
Options include leaving a residuary bequest (a proportion of your estate), a pecuniary legacy (a specific financial sum) or a specific gift (something of particular financial value).
Giving shares and securities
By giving a gift of shares or securities worth, say, £1,000 you can reduce your basic-rate income tax bill by £220, or by £400 if you pay a higher rate. There is also no capital gains tax to pay. This applies to a many listed shares, unit trusts and investment trusts.
