Gift Aid on financial donations - How does it work?

If you pay income tax or capital gains tax you could complete a gift aid declaration form (at the bottom of our donate page) which means we are able to claim an extra 25p for every £1 donated to us. That’s £12.50 for every £50 donation!

As long as you pay enough tax in the tax year to cover the amount we claim back, claiming gift aid has no affect on you at all. It is simply a tool for us to claim tax back from HMRC.

The above is not meant as a legal definition of Gift Aid, but simply as an insight into the way Gift Aid works. For more information regarding Gift Aid please visit https://www.gov.uk/donating-to-charity/gift-aid or contact us on 01656 750829 (select option 2 for head office) and we can discuss this further with you.

 

Gift Aid on donations of furniture etc - How does it work?

Gift Aid when you donate items of furniture is a little more complex.

When you donate a physical item to us we, it has no financial value until we sell the item. We can therefore not claim gift aid at this point. We will however ask if you would like to complete a gift aid declaration form which stipulates the following:

  • Although you donate the item to us, you still own the item
  • We act as your agent to sell the item
  • When we sell the item, we legally have to notify you (if the value is over £100) stating we have sold your item for £100 and would like to claim Gift Aid back on this item
  • If we sell a number of your items and the total sale value exceeds £100 we must notify you of this prior to claiming Gift Aid.
  • You can either: not respond to this notification (within the given time period) and we will go ahead and claim Gift Aid OR contact us stating you don’t wish for us to claim gift aid as you have not paid enough tax.
  • As we are acting as your agent to sell your item, you may also choose to keep the proceeds from the sale yourself. We charge a commission on the sale in order to do this.

The above is not meant as a legal definition of Gift Aid, but simply as an insight into the way Gift Aid works. For more information regarding Gift Aid please visit https://www.gov.uk/guidance/gift-aid-what-donations-charities-and-cascs-can-claim-on#selling-donated-goods-on-behalf-of-individuals or contact us on 01656 750829 (select head office from the options) and we will be able to discuss this further with you.