Ways to Give

Your legacy can change the lives of pupils at Wellingborough School in the future

A legacy gift is an opportunity to invest in an education that is second to none by supporting the development of Wellingborough School for future generations of Wellingburians. Even the smallest pledge makes a real impact that will extend beyond your lifetime. We also offer an option for members of the Wellingborough School community to reflect their gratitude for what the School means to them at a level perhaps not possible during their lifetime.

A legacy gift is currently exempt from inheritance tax: it also has the potential to reduce the tax burden on your family while maximising the benefit of your gift to the School. We do recommend that you consult a solicitor before you make your decision. As a registered charity, the Foundation pays no tax on gifts it receives.

We are very grateful to the many members of the Wellingborough School community who are remembering the School in their Will and we look forward to you joining us at our annual thank you to donors’ event.

Individuals and companies who give certain shares and securities to charity can obtain considerable savings on income tax and capital gains tax. Currently, this means that shares donated to Wellingborough School attract income tax relief of 100% of their present market value. Donors will be able to claim tax relief on their highest rate of tax, via their Self-Assessment for, or Corporation Tax return. In addition, the donated shares will not incur any capital gains liability.

Payroll giving provides tax relief at source for donors who give to Wellingborough School by direct deduction from their pay. The employer must be registered with an Inland Revenue approved Payroll Giving agency. Donors interested in the scheme should first consult their employer who will have full details.

Companies can make one-off donations to Wellingborough School or spread the amount over a period of time. Donations are paid to the School as a gross sum and the company claims tax relief against their corporation tax.

If individuals give land or property, or sell either to Wellingborough School for less than the market value, they can claim Income Tax relief and lower their tax bill, as well as getting Capital Gains Tax relief.

We can increase the value of your gift if you are a UK Taxpayer through the Gift Aid Scheme. This currently allows us to claim 25% of the value of your gift from the Inland Revenue. Please complete the Gift Aid Form below accompanied by a cheque or donating online.