you can help the trust: Donations
to the Eric Hosking Charitable Trust can be made in
a variety of ways:
A gift by deposited covenant is a simple way of
giving tax effectively. The great advantage of a
deposited covenant is that you make your donation
by a single payment. The Trust then divides your
gift into four annual installments and reclaims the
tax annually over a four year period. This means
that you have a tax effective four year covenant
where the whole amount of your gift is available
immediately to be used to further the aims of the
Please note that the total gift of four annual
installments is paid immediately. The Trust will
then deduct a quarter of your gift on an annual
basis. A certificate of Deduction of Tax form will
be sent to you after the first instalment has been
deducted. This form should be signed by the
covenantor, which will then enable the Trust to
claim back the income tax on your gift, at no
further cost to you.
Donations of £400 or more by individuals resident
in the United Kingdom can qualify for income tax
relief. The gift, net and basic rate tax, should be
sent to the Trust with a completed R190 [SD] form.
For tax payers at the basic rate, that is the end
of the matter. Higher rate tax payers will be
entitled to tax relief at their highest rate. All
the relevant application forms are available on
request from the Trust.
Companies resident in the United Kingdom. can
qualify for tax relief on payments made to the
Trust provided that they meet the following
1) The company making the donation must not itself
be a charity.
2) The donation must be a sum of money.
3) The company must deduct tax from the donation
and remit that sum to the Inland Revenue on Form
4)The company must provide the Trust with Form
R185, stating that the income tax has been deducted
5) Donation in any one accounting period should not
exceed £5 million. Special rules apply to groups of
companies and shorter accounting periods.
6) The donation after deduction of tax must not
exceed £400, if the company is a close company. The
company making the donation should not obtain
benefit from the arrangement.
Corporate donors should consult their own
professional advisers for precise details before
making gifts to the Trust.
Fill in the form below to submit a donation inquiry.