Gift Aid

Gifts can be made by any UK taxpayer in a flexible, tax efficient manner under the Gift Aid scheme.

The orchestra claims back from HMRC the basic rate tax already paid by the donor, meaning that every pound donated is worth £1.25 to us. Moreover, higher and additional rate taxpayers can then claim personal tax relief on the difference between the basic rate and the applicable rate of income tax through their self assessment tax return or by using a P810 form.

This means that if you make a donation of £800, it will be worth £1,000 to the AAM after Gift Aid while costing you only £550 after personal tax relief if you are an additional rate (45%) taxpayer or £600 if you are a higher rate (40%) taxpayer.