|
For
the individual KKL offers the KKL Charity Account for
Tax Efficient Giving to charities.
Like a bank account you pay in the amount you want to
set aside for charity and we recover the tax at the basic
rate of 22%, which is added to your account.
You then use your voucher book to make donations to the
charities of your choice.
|
|
Example Aid |
£ |
| Net
one off payment (your cheque) |
390 |
| Tax
recoverable |
110 |
| Gross
Gift Aid |
500 |
| KKL
fee (5% of gross) |
-25 |
| Available
to donate to charities, synagogue membership
etc |
475 |
| Amount
gained |
85 |
| Additional
higher rate tax rebate - where appropriate
(18% of 500) |
90 |
| Total
Amount gained to higher rate tax payer |
175 |
|
|
