Gift Aid Services
Gift Aid
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Are you aware that a Charity can claim UK basic rate tax on Gift Aid donations made by an individual who pays tax on or after 6 April 2000, whatever the amount of the donation?
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Gift Aid Solutions provide tailor-made Gift Aid services to claim the tax back from the Inland Revenue on your behalf. We can help you immediately as we have a gift aid recovery service where claims have got behind or your records need sorting out.
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How Gift Aid works
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Gift Aid is an easy way to help your charity or CASC maximise the value of its donations, as you can reclaim tax from HM Revenue & Customs (HMRC) on its 'gross' equivalent - its value before tax was deducted at the basic rate. This is 20 per cent from 6 April 2008.
This means that for every £1 donated, you can claim an extra 25 pence.
In addition, HMRC will automatically pay your charity or CASC a further three pence for every pound donated. This ‘transitional relief’ - to adjust to the fall in basic rate tax (from 22 per cent to 20 per cent) - is available on Gift Aid donations made from 6 April 2008 until 5 April 2011.
This means that for every £1 donated, your charity or CASC can receive 28 pence, so the total value of the donation is £1.28.Gift Aid Services
If you would like further details regarding our Gift Aid service, please click on the link below and complete the form or call us on: 01243 555611.To be able to view a PDF file you must have Adobe Acrobat® Reader® installed on your computer. You can download Adobe Acrobat Reader free from Adobe's website