Why make a donation?
By donating to British Heart Foundation (BHF), you’ll be supporting groundbreaking research into heart and circulatory diseases. It can also be a great way to reduce your net adjusted income and improve eligibility for additional benefits, such as free childcare.
As an example, if your net adjusted income exceeds £60,000, you may have to pay a High Income Child Benefit Charge. By making charitable donations, you could reduce your net adjusted income and potentially avoid this charge.
Similarly, if you or your partner’s adjusted net adjusted income is over £100,000, charitable giving could bring you below the threshold to qualify for tax-free childcare (free childcare hours).
If donating is something you would like to do, we recommend you seek appropriate financial and tax advice that is reflective of your individual circumstances.
