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The Useful but Dull Bit –
We are sure many of you know about tax-
efficient giving. But here’s a reminder.
The Dragon is a charitable trust. UK tax
payers can claim back the difference between
the basic rate tax and the higher rate of
40% and 45% tax. The Dragon can claim
back 25% basic rate tax, and add it to the
transformational bursary fund. *
If you wish to donate, you can consider the
tax the Dragon can reclaim, and the tax you
may be able to reclaim, in your calculations.
A donation of £108,000, which would fund
a day pupil starting in E Block all the way
through the School, would cost a donor
entitled to claim back UK tax at 45% just
US and European tax-payers can also
donate tax efficiently. Further details can be
provided by the Development Office.
You Give The Dragon Receives Cost to 40% Taxpayer
Cost to 45% Taxpayer
The cost of a donation for UK higher rate tax-payers who are able to reclaim tax
* Please seek professional advice on tax matters; if more tax is reclaimed than was paid, it is your
responsibility to pay the difference.