Gift Aid Awareness Day
Gift Aid is serious business for dementia research!
Gift Aid Awareness day falls on Thursday 8th October 2020 this year and UK charities like BRACE are missing out on a potential of £560 million in unclaimed Gift Aid donations.
In a hurry and you’d like to fill in a Gift Aid form?
You can do so ONLINE HERE or download this form HERE and send to Freepost BRACE, BRACE Charity Office, The Brain Centre, Southmead Hospital, Bristol, BS10 5NB
What is Gift Aid?
Gift Aid allows UK charities to reclaim an extra 25% in tax on every eligible donation made by a UK taxpayer. Gift aid is a form of tax relief and does not cost the donor a penny. How do I gift aid my donations?
Online donations:
If you make an online donation you will be given the option to ‘tick the gift aid box.’ By ticking the box, you are confirming you are a UK taxpayer. Gift aid will then be automatically added to the donation. Please note that Gift Aid can only be reclaimed on donations made by individuals and not group donations.
Offline donations:
If you are making an offline donation, be it via cheque, over the phone or in cash you will need to fill in a form to confirm that you are an eligible UK taxpayer. The form will cover all previous donations in the past 4 years and the next 4 years, as long as you are a UK taxpayer over that period. That also means, if you haven’t filled in a gift aid form or forgot to tick the box, and you have previously made a donation to BRACE, by filling in the form now, BRACE can still claim Gift Aid on your past donations!
Do I need to fill a Gift Aid form in every time I donate?
No you do not, once is enough. However you need to contact BRACE if you have previously filled in a Gift Aid form and are no longer paying tax in the UK. If you are retired and paying tax on your private pension or shares, your donations may still eligible for Gift Aid.