UK
charities are entitled to 28% tax reclaim from the Inland Revenue
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 the Inland Revenue.
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.
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.
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
click here to return to donation & Fundraising page