Deed of Covenant
From the Editor
If you are a taxpayer and wish to support the Trust financially from your income each year, you are invited to consider making a Deed of Covenant in favour of the Trust. Under this arrangement you agree to pay the Trust an annual net sum (calculated after deduction of income tax at the basic rate) for a fixed period of four years, or until death, if earlier. The Trust being a charity is then able to claim from the Inland Revenue the income tax based on your net annual payment. This means an annual gift of £76 is actually worth £100 to the Trust at no extra cost to yourself. Forms of Covenant and further information are available from the Trust.