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Gift Aid?


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I asked my 'organiser' wife (day job is charity/sponsorhip accountant) for any tip to tip tips (can anyone get four together?) and she mentioned that making it easy to Gift Aid will make a huge difference to the worth and cost of personal donations.

One option she suggested was to use the Just Giving http://www.justgiving.com/ site, and I've copied some info below from it.

The great part is that a £100 gift can become worth £128.21 to the charity, but costs the taxpayer only £76.92!!!



About Gift Aid

UK charities are entitled to 28% tax reclaim from HMRC on every £1 donated by UK taxpayers. Unfortunately, charities often miss out on this extra income because it is too expensive to process the paperwork on small donations.

Justgiving has solved the problem by automating the process of Gift Aid reclaim so that every £1 you give is worth more, and costs less to administer, for your favourite charity. Our processes have been audited and approved by HMRC.

Please be aware that we will not reclaim Gift Aid on donations made in return for goods and services (including tickets to charity raffles, events or auctions), as they are not freewill gifts.

What do I have to do?

When you donate, you will be asked to confirm whether or not you are a UK taxpayer. Please note that tax can only be reclaimed on donations made by individuals who pay UK income or capital gains tax at least equal to the amount reclaimed on their donations in the current tax year. If in doubt, please contact our helpdesk.

Benefits to higher-rate taxpayers

If you pay tax at the higher rate, you can reclaim tax relief on your gross donation at 18% (eg the difference between the higher rate of tax at 40% and the basic rate at 22%).

For example, if you give £100 we can reclaim an extra £28.21 for the charity and you can reclaim another £23.08. As a result, a £100 gift worth £128.21 to your favourite charity only costs you £76.92.

Your Justgiving Account helps you claim tax relief by keeping an accurate record of your donations. Simply print out a copy of your donations history and attach it to your tax return.

What if I am not a UK taxpayer?

The Gift Aid scheme is unique to the UK. If you are not a UK taxpayer, you can still make a donation through Justgiving, but your donation will not attract the 28% tax 'bonus'.

Please note that transaction fees apply to donations made on this website.

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I have to ask....

So would she do the Tip to Tip accounts?

FYI, For the personal Sponsorship forms, as long as you fill in the name and address section we can claim all of the same tax benefits as above.


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Also the problem wiht Just giving is that it needs a charity to pay...

We have the Forces Childrens Trust and 6 (maybe 7) Air Ambulance Charities. (they are all run as seperate charities)

I have a meeting with Lloyds bank next week to talk about this issue in more detail.


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