Gift Aid is an important means of increasing a Charity’s income and at the same time can decrease the donor’s tax bill. If you are a tax payer then any donation that you make to the RCTS should qualify. You will simply be asked to complete a gift aid declaration. Part of your annual subscription is deemed eligible for Gift Aid exemption and any additional cash donation would also qualify. The Society can claim 25% of the value of your gift, this money being paid directly to the Society by the Government.
Thus for a gift of £100 to a charity it can claim Gift Aid to make your donation up to £125. Should you be a 40% tax payer you can personally claim back £25.00 (£125 x 20%) via your self assessment tax return.
The Society also welcomes physical gifts such as locomotive nameplates, photographic negatives and slides and some books although we cannot always guarantee to take the latter due to space constraints at Leatherhead. Please contact our archivist if you wish to discuss this. You can also complete our Gifts & Bequests form which can be downloaded here.
For donations (other than as part of the annual membership renewal) or a gift in your will you can specify a specific project or use for your money should you wish provided it conforms to our charitable objectives. Please contact the Society Secretary if you wish to make a donation other than at the time of renewal.
