What is Gift Aid?
Gift Aid is a system of tax relief which enables charities to claim back the basic rate of income tax paid on a donation made from private individuals, thereby increasing the value of a donation to Rain Rescue.
How does Gift Aid work?
UK tax payers are eligible to claim Gift Aid on any donation made to Rain Rescue. Once we have received your permission, by completing a Gift Aid declaration, we can claim the tax back on your donation. This means that the government will add an extra 25p to a donation of £1, at no extra cost to you.
Am I eligible to pay Gift Aid?
Gift Aid can be declared by a UK tax payer. Even if you are unemployed, you can still declare Gift Aid on your donation if you are paying tax on any of the following:
- Personal or occupational pension
- Stocks and shares
- Bank and building society savings
- Rental income
- Overseas and UK investment dividends
If you would like to find out more visit www.gov.uk/donating-to-charity/gift-aid
Contact the team at [email protected] for a Gift Aid declaration form to ensure we can claim Gift Aid from all your donations.