Govanhill Baths New Health & Wellbeing Centre

by Govanhill Baths in Glasgow, Scotland, United Kingdom

We did it
On 30th November 2017 we successfully raised £265,800 with 557 investors in 70 days

Redeveloping Glasgow's iconic Govanhill Baths as a new Health and Wellbeing Centre for Scotland's most diverse community.

by Govanhill Baths in Glasgow, Scotland, United Kingdom

Exciting Tax Breaks for Eligible Investors

Dear Investor,

We have some great news!

When we launched our campaign and our Share Offer document went to press, we had applied for various tax reliefs from HMRC. We are delighted to announce we have been successful and this could be very good news for you.

If you are an eligible UK income tax payer you’ll be able to claim back 50% of your investment in tax relief, no matter how much you have invested!

So, if you invested £100 you will now only pay £50 in cash terms.

But here is the really exciting bit; you can double your investment right now effectively for free! If you have invested £100, you can invest another £100 today and you won’t pay a penny in cash terms. Again, this applies no matter how much you have invested.

And this is all on top of the 3% interest we intend to pay investors.

But two things to note: firstly, this specific tax relief is limited only to the first £150K we raise. Secondly, investors should note that in order to be eligible to claim this 50% back in tax relief you will need to have already paid in the last year, or be due to pay in the current tax year, as much as that relief in tax. In other words, if you invest £100, and claim back £50, you need to have paid last year or be due to pay this year £50 in income tax.

Please read our Share Offer document for more information about this tax break.

Remember to share this great news with your friends, family  and colleagues. 

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Levels of Investment

£100 or more

£100 Investment

● Become a member and owner of Govanhill Baths, with the ability to withdraw your money and earn 3% interest (see share offer). ● Receive commemorative Share Certificate. ● Option to be officially acknowledged on our website.

£250 or more

£250 Investment

● Receive all the above. ● Receive a special Govanhill Baths tea towel featuring lyrics to the song “We’ll Swim Again For A’ That” by Alistair Hulett, adapted from Robert Burns’ “A Man’s A Man for A’ That”.

£500 or more

£500 Investment

● Receive all the above. ● Receive a special Govanhill Baths “Save Our Pool” t-shirt. ●Exclusive limited, numbered and signed booklet of Poet Laureate of Glasgow, Jim Carruth’s, special poem for Govanhill Baths: “Cast into the Pool at Babel.”

£1,000 or more

£1,000 Investment

● Receive all the above. ● Receive a tile with a unique design made by Govanhill Baths artists.

£2,500 or more

£2,500 Investment

● Receive all the above. ● Receive a copy of the book “United We Will Swim” commemorating the centenary of Govanhill Baths and a DVD Video of the documentary film “United We Will Swim...Again” made by BAFTA nominee Fran Higson.

£5,000 or more

£5,000 Investment

● Receive all the above. ● Receive an A2-sized art print of Govanhill Baths. ● A personalised party for you and guests in Govanhill Baths, choosing from a Pool Party, or bespoke mini Arts & Crafts festival, both catered with locally-sourced organic produce. Ideal for family celebrations or corporate events.

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