About Gift Aid
Every gift you make to a charity - whatever its value - could be worth more at no extra cost to you just by choosing to Gift Aid it. Her Majesty‘s Revenue and Customs will add an extra 25p to every £1 you give to the charity. This would include your annual subscription to the Society.
How does Gift Aid work?
It‘s simple. Gift Aid is a government initiative that allows donations given to charity to be tax-effective. As soon as you give your permission by completing a Gift Aid declaration form, we can claim the tax back on your donation. This means that a £10 donation will be worth £12.50 and for every £50 gift, we will actually receive £62.50.
Am I eligible for Gift Aid?
If you are a UK tax payer, yes. Even if you are not employed, you are still eligible if you are paying tax on any of the following:
• Personal or occupational pension
• Stocks and shares (dividends or capital gains)
• Interest on bank and building society savings accounts
• Rental income
Is your subscription eligible for Gift Aid?
As long as you are a UK taxpayer, then all donations, including your subscriptions, are eligible.
Are you a higher rate taxpayer?
If you pay tax at a rate of 40% or above, you can, if you wish, claim the difference between the higher and basic rate on all your donations to charity. Do this:
• through your Self Assessment tax return
• by asking HM Revenue and Customs (HMRC) to amend your tax code
To make your subscription work harder complete the following declaration: