The Government operates a scheme called Gift Aid. This is a simple scheme that allows your chosen charity to claim back the basic rate of tax that pay from the government.
Gift Aid will have the effect of giving us an extra 25% of the donation at no extra cost to our donors.
How Gift Aid works
The Gift Aid scheme is for gifts of money by individuals who pay UK tax. Gift Aid donations are regarded as having basic rate tax deducted by the donor. Charities take the donation – which is money that the donor has already paid tax on – and reclaim the basic rate tax from HM Revenue & Customs on its ‘gross’ equivalent – the amount before basic rate tax was deducted.
Basic rate tax is 25 per cent, so this means that if you give £10 using Gift Aid, it’s worth £12.50 to the charity. For donations between 6 April 2008 and 5 April 2011 the charity or CASC will also get a separate government supplement of three pence on every pound you give.
How to make a donation using Gift Aid
In order to make a Gift Aid donation you’ll need to make a Gift Aid declaration. We provide a simple Gift Aid form for you to complete, it’s available to print below.
One form can cover every gift made to the same charity for whatever period you choose, and can cover gifts you have already made and/or gifts you may make in the future.
A Gift Aid declaration must include:
- your full name & signature
- your home address
- the name of the charity
- details of your donation, and it should say that it’s a Gift Aid donation
View, print, or download here – GiftAid Declaration