Notes on Gift Aid

Gift Aid your subscriptions & donations

If you pay Income Tax in the UK, Gift Aid enables us to increase the value of your subscription and donations to us, at no extra cost to you. For us to be able to get this extra benefit, all you have to do is declare that we can treat your payment or donation as Gift Aid. We offer you the Gift Aid option on our Membership Form.

Notes

  1. When you declare that a payment you make to us can be treated as Gift Aid, it allows us to reclaim tax on the amount you gave, at the basic rate of Income Tax. Regardless of the actual rate of Income Tax you pay, we can reclaim currently 20 pence for every £1.00 you give.
  2. This tax (be it Income or Capital Gains Tax) would be paid by you, in any event. However, when your payments or donations to us are within Gift Aid, we can reclaim the amount you pay in tax so that it is paid to us, instead of going to HM Treasury.
  3. For example, when you pay us £1.00 and declare that it can be treated as Gift Aid, the payment is in fact worth £1.20 pence to us, at no extra cost to you.
  4. You must pay an amount of Income Tax and/ or Capital Gains Tax at least equal to the tax that the charity reclaims on your donations in the tax year. So, if you donate £1.00 to us and declare it within Gift Aid, you must be paying more than 20 pence’s worth of Income and/ or Capital Gains Tax per tax year.
  5. You can choose to make one-off Gift-Aidable donations to us, or declare that all donations you make be within Gift Aid.
  6. If your Gift Aid declaration covers donations you will make in the future, then please notify us if you change your name or address while the declaration is still in force.
  7. You can cancel the declaration at any time. It will then not apply to donations you make on or after the date of cancellation or such later date as you specify.
  8. If in the future your circumstances change and you no longer pay tax on your income and capital gains equal to the tax that the charity reclaims, you can cancel your declaration (see note 7).
  9. If you pay tax at a higher rate (see note 1), you can claim further tax relief in your Self Assessment tax return.
  10. If you would like to Gift Aid to us a donation you make jointly with someone else, then you must specify to us how the donation divides between you, and make separate declarations. Please add a note with your donation to us in order to specify these things.
  11. If you have a dividend income, tax credits on that can be used to cover tax reclaimed by us.
  12. You can use tax deducted from any bank or building society interest you receive to cover the tax on the donation, as long as you have not reclaimed it. You cannot use it to cover the tax on your donation if you have reclaimed that tax.