What is Gift Aid?

To qualify you need to have paid or will pay an amount of Income Tax and/or Capital Gains Tax each year (6 April to 5 April) that is at least equal to the amount of tax that all the charities or Community Amateur Sports Clubs (CASCs) that I donate to will reclaim on my gifts for that tax year. I understand that if I pay less Income Tax in the current year than the amount of Gift Aid claimed on all of my donations, it is my responsibility to pay any difference. I understand that other taxes such as VAT and Council Tax do not qualify. I understand the charity will reclaim 25p of tax pn every £1 that I give or have given in the last four tax years. 

 

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