What is Gift Aid?

What is Gift Aid?

Gift Aid is a simple way to increase the value of a donation to charity.  If you are a UK taxpayer, The Gurkha Welfare Trust could claim 25p on every £1 donated from the Government at no extra cost to you.

This means that if you donate £10, and can Gift Aid, it’s actually worth £12.50. Which is great news for our beneficiaries helping us meet our mission to Gurkha veterans, widows and their communities in Nepal.

How does Gift Aid work?

As a UK taxpayer, you will pay tax on your earnings, pensions or savings, at either a basic rate of 20% or a higher rate of 40%. Therefore, as you have paid tax on your income that you are then donating to charity, the Government allows the charity to reclaim this tax back.

Do I Qualify for Gift Aid?

You can complete a Gift Aid declaration if the amount of UK income tax or capital gains tax you pay in any tax year (from 6th April on year to 5 April the next) covers the amount of tax charities will reclaim on your donations. For advice on how to check if you’ve paid enough tax to use Gift Aid, please visit the HMRC website.

How do I Gift Aid my donation?

To sign up for Gift Aid, fill in the form below. This declaration will cover any donations made in future and in the past 4 years.

Which donations qualify for Gift Aid?

Gift Aid can only be claimed on personal donations.
Gift Aid cannot be claimed on:
· A donation that you make on behalf of someone else or a group of people.
· A donation in return for tickets (raffles, events and auctions) or goods and services.
· A donation you make on behalf of a company.

Claiming back higher rate tax

I am a higher rate taxpayer – what does this mean for me?
If you are a higher rate taxpayer, you can also claim back the difference between the higher rate of tax (40%) and the basic rate (20%) on the total (gross) value of your donation to us. For more information on claiming back higher rate tax please visit the HMRC website

For a full explanation of Gift Aid, visit the HMRC website.

IMPORTANT

Please notify us if you change your name or address, if your tax status changes, or if you wish to cancel your Gift Aid declaration. You can call us on 01722 323955 or email info@gwt.org.uk