FAQs

Answers to frequently asked questions about the Trust.

FAQs

How can I donate to the Smithsonian UK Trust?

Make a contribution online by clicking here.

Information on other ways to give is located on the make a gift page. 

Are there any tax benefits when making a gift to the Smithsonian UK Charitable Trust?

Yes, gifts to the Smithsonian UK Charitable Trust may be eligible for the Gift Aid scheme in the United Kingdom. Gift Aid increases the value of your donation by allowing the Trust to reclaim basic rate tax from HM Revenue & Customs (HMRC). For example, if you make a gift £1000, the Trust will be able to recover an additional £250 from HMRC.

If you pay UK tax at the higher or additional rate, you may be entitled to claim further relief on your Self-Assessment tax return.

How do I know if my contribution qualifies for Gift Aid?

Gift Aid applies only to monetary gifts, and you must have paid sufficient UK income and/or capital gains tax to cover the amount of the tax that the Trust will claim from HMRC.

You must also provide the Trust with a Gift Aid declaration form.

Since individual circumstances will vary, please contact your tax advisor.

Is there a limit to the number of gifts eligible for Gift Aid that I can make to the Smithsonian UK Charitable Trust?

No – as long as you have paid sufficient UK income and/or capital gains tax there is no limit to how many donations you may make per year.

A proposed cap on income tax relief, including Gift Aid, was abandoned by Government in May 2012.

How is my gift acknowledged?

The Smithsonian UK Charitable Trust will provide you with a written acknowledgement which you can use to keep track of your gift for UK tax purposes.

Can I make a gift to the Smithsonian UK Charitable Trust for a specific purpose?

Yes, you may make a gift to support a particular purpose or programme that is consistent with the objectives of the Trust. If you are considering a gift with specific restrictions for its use, please contact us to ensure that the Trust will be able accept your gift and fulfil your intentions.

Can I make a gift of shares or securities to the Smithsonian UK Charitable Trust?

Yes, gifts of certain types of shares or securities may be eligible for UK tax relief. Please contact us to ensure that the Trust will be able accept your gift and your tax or financial advisors to ensure tax relief is available to you in your particular circumstances.

Can I make a gift to the Smithsonian UK Charitable Trust through my estate?

Yes. A bequest to Smithsonian UK Charitable Trust will be exempt from UK inheritance tax.

You may wish to discuss with your legal or tax advisors the reduced rate of UK inheritance tax that is available in respect of estates leaving 10% or more to charity. If you were intending to leave 4% to one or more charities, then this relief may incentivise you to give even more.

How can I learn more about Smithsonian UK Charitable Trust?

For more information, to make a gift, or obtain a Gift Aid Declaration form, please contact us via email at info@smithsoniantrust.org.uk.