What is Gift Aid? Gift Aid is a UK Government scheme that allows registered charities to increase the value of your donations by claiming back income or capital gains tax you've already paid. Gift Aid allows you to increase the value of your donations by 25% at no extra cost to you.
You can claim Gift Aid on your donations if you are a UK tax payer and have paid income or capital gains tax at least equal to the amount of Gift Aid claimed on your donations. So, if you donate £100 you must have paid at least £25.00 (0.25 X 100) in tax. This applies also if you are a lower or higher rate tax payer.
Further information can be found on the HMRC website (www.hmrc.gov.uk/individuals/giving/gift-aid.htm).
Gift Aid it! (UK Donors only)
I am a UK taxpayer and would like Islamic Help to claim Gift Aid on this donation.
I am a UK taxpayer and would like Islamic Help to treat this donation, all donations I have made in the last four years prior to this and all donations I make from the date of this declaration until I notify Islamic Help otherwise, as Gift Aid donations.
I understand that I must pay or will pay an amount of Income Tax and/or Capital Gains Tax for each tax year (6th April to 5th April) at least equal to the amount of tax that all the charities and CASCs I donate to, will reclaim on my gifts for that tax year. I understand that other taxes such as VAT and Council Tax do not qualify. I understand the charity will reclaim 25p of tax on every £1 that I have given.