What is Gift Aid?
Gift Aid is a tax relief allowing UK charities to reclaim an extra 25% in tax on every eligible donation made by a UK taxpayer.
What do I have to do?
When you donate, you'll be asked to confirm whether or not you are a UK taxpayer. Please note that Gift Aid can only be reclaimed on donations made by individuals who pay UK income or capital gains tax at a rate at least equal to the amount reclaimed on their donations in the current tax year. If in doubt, please contact us via enquiries@veteransfoundation.org.uk
Gift Aid should not be claimed when:
Making a donation in return for tickets, competitions or events - this is why Gift Aid cannot be claimed on payments to play the Veterans' Lottery. Making a donation on behalf of a company: you can only make Gift Aid declarations on your own taxpayer status when spending your own money. However, a company can claim tax relief on the donation when donating directly to the charity.
Why has Gift Aid been removed from my recent donation?
Not every donation is eligible for Gift Aid. To remain in line with HMRC guidelines, you may notice that we remove Gift Aid from your donation retrospectively when it isn't eligible. See above for information on Gift Aid eligibility rules.
Benefits to higher-rate taxpayers
If you pay tax at the higher rate, you can reclaim tax relief on your gross donation at 20% (i.e. the difference between the higher rate of tax at 40% and the basic rate at 20%).
What if I don't live in the UK?
A person living overseas can still claim Gift Aid provided that they are a UK taxpayer and can satisfy the Gift Aid declaration in the donation process.
I forgot to add Gift Aid to a recent donation
You can add this from within your account with 24 hours. If you need to remove Gift Aid, please email us on enquiries@veteransfoundation.org.uk or call us on 03339 993 899.
