background to Gift Aid
Gift Aid is a generous UK Government scheme enabling charities to reclaim tax paid on donations. Personal taxes such as income tax paid on earnings and savi...
Fri, 6 May, 2016 at 11:08 AM
Gift Aid is repaid by the Government at basic rate, an effective rate of reclaim of 25%.
Fri, 6 May, 2016 at 11:08 AM
Only charities can claim Gift Aid.
Registration as a charity is often, but not always, required to demonstrate charitable status. More inform...
Fri, 6 May, 2016 at 11:09 AM
A variety of fund raising sources qualify for Gift Aid, although in all cases the funds must have been received from individual UK taxpayers making suitable...
Fri, 6 May, 2016 at 11:09 AM