A guide to Gift Aid
Gift Aid is a scheme that allows charities to reclaim tax on a donation made by a UK taxpayer, which means your donations will be worth 25% more to us at no extra cost to you. If you Gift Aid your donations we can claim back from the government 25p for every £1 you donate to Pancreatic Cancer Action.
This additional income really does make a big difference, so please don’t forget to Gift Aid donations if you are a UK tax payer.
Is your donation eligible?
To claim gift aid on your donation:
- We must have your full name and home address
- It must be a donation made from a personal bank or building society account (We can’t claim Gift Aid on donations from company accounts).
- The donation must be your own money and not the proceeds of a collection or sale.
- You must be paying income tax or capital gains tax which at least equals the amount PCA and other charities and community amateur sports clubs will claim in the appropriate tax year (6 April one year to 5 April the next). This is currently 25p for every £1 you give.
- If you are a higher-rate tax payer you can also claim additional tax relief. For higher rate tax payers (paying tax at 40%) this works out as 25p for every £1 you donate and for the highest rate tax payers (paying tax at 45%) this works out as 31p for every £1 you donate.
How to Gift Aid your donations?
If eligible, we can claim Gift Aid on all of your donations in the last 4 years and all donations you make in the future. All you have to do is sign a declaration:
If you change your name or address please complete a new Gift Aid Declaration with your new details. If your tax circumstances change, you MUST let us know so that we stop claiming gift aid on donations that are no longer eligible – please email us email@example.com.
- Donate online and tick the Gift Aid box
In this case we will only collect Gift Aid on donations when the box is ticked.
What is Gift Aid?
Gift Aid is a simple way to increase the value of your gift to Pancreatic Cancer Action – at no extra cost to you. If you pay tax in the UK, we can reclaim the basic rate tax (25%) on your gift. So, if you donate £100, it is worth £125!
Is my donation eligible for Gift Aid?
In order for us to reclaim the tax you have paid on your donations, you must have paid income or capital gains tax (in the UK) for each tax year (6 April to 5 April) at least equal to the tax that all the charities or Community Amateur Sports Clubs that you donate to will reclaim on your gifts for that tax year. Other taxes such as VAT and Council Tax do not qualify.
Can I claim Gift Aid on the funds I have raised?
To claim Gift Aid on your fundraising, we must have the first name or initials, last name, full home address and postcode of each individual donor. So please encourage them to tick the Gift Aid box on your fundraising form when they donate to you. Without these details we legally can’t claim Gift Aid – so be strict with your supporters!
What about past donations and future donations?
We can reclaim tax on all donations you have made for the four years prior to this year, and all donations you make from today’s date until you notify us.
How long does Gift Aid last?
Until you tell us otherwise! Once you have signed a declaration it is your responsibility to tell us when your circumstances change.
What do I do if my tax status changes?
Please tell us if you stop paying tax by emailing firstname.lastname@example.org