For this year's Gift Aid Awareness Day, we're asking if you Tick The Box?

What is Gift Aid?

Gift Aid is a tax relief for charities in the UK to increase donations – at no extra cost to you, the donor.

When a charity receives a donation from a UK taxpayer, the organisation is entitled to claim an

extra 25% paid on that donation.

A £10 donation processed with Gift Aid becomes a £12.50 donation. This can make a huge difference to both our fundraising efforts and retail sales. 

 

What do donors need to do?

Donors need to #tickthebox on the Gift Aid declaration form and provide some basic personal

details, and the charity can claim 25p for every £1 given.

Once a donor has given their permission by filling in the Gift Aid declaration form, there is no

need for them to do anything else.

 

Who qualifies to donate through Gift Aid?

For charities to claim Gift Aid on a donation, you must have paid UK income tax or capital gains tax that tax year, at least equal to the tax that the organisation will reclaim on your donations.

Even if you are not currently employed you are eligible to make Gift Aid payments so long as, at some point in the tax year in which you make the donation, you pay enough tax on any of the following:

• Personal or occupational pension
• Stocks or shares
• Bank or building society savings accounts
• Rental income
• Overseas or UK investment dividends

Higher rate tax payers

Higher rate tax payers are entitled to claim the difference between the top rate of tax they pay, and the basic rate on the total value of the donation. Individuals can claim the additional tax relief through their self-assessment tax return or by asking HMRC to amend their tax code.

 

Example for higher rate tax payer:

You donate £100 to charity – they claim Gift Aid to make your donation £125. You pay 40% tax so

you can personally claim back £25.00 (£125 x 20%).

How to become a Gift Aider

In order to become a Gift Aid registered donor you need to sign up separately with each charity you choose to do it for. In the case of shop donations you can do it easily at the time of dropping your donations in. Once you are registered with us you receive a card which we can easily scan for all future donations. Likewise we are able to claim Gift Aid on financial donations, just ask a member of our team.

Thank you.