What is Gift Aid?
Gift Aid is a government initiative which allows charities, such as Rethink Charity, to reclaim basic rate tax (25%) on donations made by UK taxpayers.
If you pay tax in the UK and you give your permission through a Gift Aid declaration form, we can claim 25p on every £1 you donate to us.
How do I know if I am a UK taxpayer?
You are a UK income taxpayer if:
- Tax is taken from your wages or pension before you receive them or,
- You are required fill in a self-assessment form
- You have any taxable savings (in a building society, for instance), or a pension plan or investment income
- You have recently paid any capital gains tax or expect to pay it in the near future.
What makes a valid Gift Aid Declaration?
A Gift Aid Declaration must contain; the name of the Charity, donor’s full name, donor’s home address (at least the house number/name and postcode).
Is my signature required?
No! HMRC only requires a tick box declaration along with your full name and address.
Do I have to make a declaration for every donation?
No. Once you’ve completed the form, you won’t have to do it again for Rethink Charity. You should however, let us know if your tax status changes.
More Information
You can find out more about Gift Aid by visiting HM Revenue and Customs website.
30+
LIVELIHOODS RESTORED
250+
FAMILIES REHOUSED
8
ACTIVE PROJECTS
