The RMF has been fortunate and is grateful for the invaluable financial support given in past years. Covenants, Gift Aid, Bequests and Legacies have played a vital part in providing income that has enabled the RMF to continue the work of its Founder, Dr John Propert.

Gift Aid:    
Since April 2000 there has been no limit on Gift Aid so that all donations, large or small, regular or one-off, will qualify for tax relief. The RMF can claim an extra 28p from the Inland Revenue for each £1 given. Donations will qualify for capital gains tax relief in addition to income tax relief, and higher rate taxpayers may be able to claim the difference above basic rate of income tax on their tax return.

Give as you Earn (payroll giving):    
Ask your employer about details of their in-house scheme.

Share Giving:    
Donors will be able to gift qualifying shares, securities and investments to the RMF and obtain income tax relief on the quoted market value. The disposal will be treated as giving rise to no gain or loss for capital gains tax purposes.

Capital Gains Tax:    
Land or property or other items may be handed over to the RMF without the donor becoming liable to capital gains tax on the gift. This enables the gift of assets that may have appreciated in value to be donated without capital gains tax penalty. Companies who make donations are able to claim Corporation tax relief on their gift.

Inheritance Tax:    
There is no limit on the amount that can be given tax-free to charities so that a transfer will be excluded from the total estate for the purpose of assessing inheritance tax.

A Form of Legacy:    
Legacies play a significant part in the work of the RMF and are exempt from Inheritance Tax . Please consider the possibility of donating part of your estate (money, land, property, stocks or shares) to the RMF using one of the two suggested phrases given below:

I bequeath to The Royal Medical Foundation (charity registration number 312046/145) ......% share of my residuary estate for charitable medical purposes, for which the receipt of the Administrator is to be a sufficient discharge.

I bequeath to The Royal Medical Foundation (charity registration number 312046/145) the sum of £.......... for charitable medical purposes, for which the receipt of the Administrator is to be a sufficient discharge.

Advice on how to take advantage of these concessions to further the work of The Royal Medical Foundation will be available from your accountant, solicitor or other professional adviser.