|  | | | The following text is from the government's Giving Campaign website www.givingcampaign.org.uk
 | What is Gift Aid? |
"Gift Aid is one of the simplest and most effective ways of giving to charity. Using Gift Aid means that for every pound you give, the charity you are supporting will receive an extra 28 pence from the Inland Revenue. This means that a £10 Gift Aid donation, is worth £12.80 to the charity - imagine what a difference that could make to the charity you support, and it doesn't cost you a thing.
"On top of this, higher rate taxpayers are eligible to reclaim as much as £23 from the taxman for every £100 donated to charity, by including details of their Gift Aid donations on their Self Assessment form. (For details of how this is calculated, click here to visit the Giving Campaign website)."
| Do you qualify to Gift Aid your donation? |
"Providing you pay as much tax (income and/or capital gains) as the charity will be entitled to reclaim on your donations in the same financial year, you are entitled to use Gift Aid. For example, if you wish to Gift Aid your charitable donations that total £100 in one year, you will need to have paid at least £28 in to the taxman in respect of that tax year." |
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