What is Gift Aid?
Gift Aid is a scheme available to charities and Community Amateur Sports Clubs (CASCs). It means they can claim extra money from HMRC.
The charity or CASC can claim an extra 25p for every £1 you donate. That’s as long as you’ve paid the basic rate of tax and make the donation from your own funds. That means Gift Aid can increase the value of your donations by 25%, so you can give even more to support Fair Trade. .
Are your donations eligible for Gift Aid?
We are able to claim Gift Aid when you make a monetary donation from your own funds and have paid UK Income and / or Capital Gains Tax during that tax year.
The amount of tax you pay needs to be at least equal to the value of Gift Aid we will claim on your donation(s).
If circumstances change and you no longer pay enough tax, it’s important to tell us. If you don’t tell us and we continue claiming Gift Aid, you’ll need to pay any difference back to HMRC. Please contact us if you:
- Change your name, email or address
- Want to cancel this declaration
- No longer pay sufficient tax on your income and/or capital gains.
Find out more about Gift Aid.