Quick Gift Aid Guide
What is Gift Aid? ACT claims the basic rate of tax on donations paid by UK taxpayers. For every £1, ACT gets an additional 25 pence. Genius
How does it work? It’s simple. When you tick the Gift Aid box on a donation form, ACT can reclaim tax from the HM Revenue and Customs – at no extra cost to you
How about higher rate tax payers? We’ve got that covered too! If you’re a higher rate tax payer, you can claim the difference between the higher rate of 40% and the 20% basic rate on the total of your donation.
Can ACT claim Gift Aid on all donations? Not quite. We can claim Gift Aid on money for sponsored activities or on donations paid directly to the charity. However, Gift Aid isn’t available on donations made on behalf of a group or a collection, on money from ticket sales for an event, or on a donation from a company.
Can ACT claim Gift Aid on my future donations? Absolutely. All you need to do is make a one-off Gift Aid declaration. We’ll tell you how it’s done.
Find out more about Gift Aid at www.hmrc.gov.uk/individuals/giving/gift-aid.htm
Download the Gift Aid declaration form or make your declaration online