The Government operates a scheme called Gift Aid that allows charities to claim the basic rate tax on every pound donated.
So if you donated £100 to Take Heart Mercy Mission, it means that you’ll actually be giving us at least £125!
Giving under Gift Aid means that so much more money can be raised at no extra cost to our donors.
For individuals, the Gift Aid rules require the completion of a Gift Aid Declaration Form (PDF).This provides us with the minimum information required for us to be able to claim Gift Aid on a donation.
Gift Aid can be claimed on individual and sponsorship donations that are made to Take Heart Mercy Mission.
Gift Aid applies only to ‘gifts’. That means we can’t use Gift Aid to boost fundraising totals on activities where people have been charged an entry fee or have entered a competition. This also extends to activities where the donor can’t be traced (such as giving to collections).
To ensure that the Gift Aid claim is valid, meaning we can claim the money back, it’s vitally important that all the information asked for on the Gift Aid Declaration Form is provided.
Any charity has to be able to provide, when requested, a valid declaration through which Gift Aid has been claimed, so it’s incredibly important that any forms sent back to us are accurate and complete. All Gift Aid Declaration Forms should include the following (which our standard form does) :
If you pay higher rate tax, you can claim the difference between the higher rate of tax 40 and/or 50 per cent and the basic rate of tax 20 per cent on the total 'gross' value of your donation. If you want to receive the additional tax relief you must include all your Gift Aid donations on your Self Assessment tax return or ask HM Revenue and Customs to adjust your tax code. The SA Donate Scheme ceased from April 2012. This means that donors can no longer send a tax refund to a charity straight from their tax return. Donors can still donate their tax refund to any charity themselves and claim Gift Aid if the qualifying conditions have been met.
We need your help to help others less fortunate than ourselves. Please ask family, friends, neighbours, work colleagues to join Take Heart Mercy Mission and receive a free pair of tickets to a GFC league game of your choice for every 20 qualified introductions you send us. Each new registration will receive a joining pack and DVD about the charity. For more information and to download your registrations forms click here