WHAT IS gift aid AND HOW DO CHARITIES BENEFIT?

Gift Aid is a UK tax incentive which increases the value of of donations by up to 25%, meaning even more money can go to causes you care about.

HOW DOES GIFT AID WORK?

If you are an eligible UK tax payer, you can sign a Gift Aid declaration, confirming that you are happy for us to claim Gift Aid on your donation. It can only be applied to donations made on your own behalf. If you make a declaration, for every £1 that you donate, we can claim back 25p.

Simply put, it provides us with a percentage of every donation claimed back via tax at no additional cost to you. It is only eligible for UK tax payers, and is claimable on direct donations and donated goods.

What Information is Needed for Monetary Gifts Aid Claims?

There’s only a small amount of info needed for charities to claim Gift Aid which we collect on a Gift Aid declaration form;

  • Full Name
  • Home Address
  • Donation made from personal bank account not a business or company account
  • Confirmation you’re a UK tax payer and have paid sufficient Income Tax or Capital Gains Tax

Do you want to give Gift Aid?

If you’ve ever donated goods, purchased from a charity shop or given a cash donation, you may have been asked this question, but you wouldn’t be the first to ask; “What is Gift Aid?”

Gift Aid is a scheme allowing charities to claim tax back on donations at no extra cost to the donor. Any donation will benefit from a further 25% being claimed from the government making your money go further.

Who Can Give Gift Aid?

If you make a personal donation and you’re a UK tax payer then you can give Gift Aid. You must have paid sufficient Income Tax or Capital Gains Tax to cover any donations you have made to charities in the tax year.

Gift Aid for Donated Goods

From clothes to books and furniture, charities can benefit from claiming Gift Aid on goods that are donated and sold in shops. For a charity to claim on these items however, you must sign a Gift Aid Declaration upon drop off. The Charity will advise you of the net proceeds your donated goods have raised before making a claim so that you can let us know if you have not paid enough tax.

The benefits of Gift Aid for a charity can make a huge difference to their proceeds and the services they provide.

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