ActivityForum supports the Gift Aid Scheme which was introduced in 1990 and modified in 2000. The scheme enables United Kingdom resident individuals to give gifts of money to charity tax-effectively. Finance Act 2000 amended the Gift Aid scheme for donations made by individuals on or after 6 April 2000.
The main changes were to:
- abolish the minimum limit for Gift Aid donations, so that the scheme applies to any donation, whether large or small, regular or one-off
- replace the requirement for donors to give the charity a Gift Aid certificate with a requirement to give a new, simpler and more flexible Gift Aid declaration
- allow donors to give a written Gift Aid declaration by post, by fax or by Internet or an oral declaration over the phone or face to face.
- allow Crown servants and members of the UK armed services serving overseas, and other non-UK-resident individuals who make donations out of income or gains charged to UK tax,
- to use the new Gift Aid scheme.
the donor’s name
- the donor’s home address
- the charity’s name a description of the donations to which the declaration relates
- a declaration that the donations are to be treated as Gift Aid donations and, except in the case of a declaration given orally:
- a note explaining the requirement that the donor must pay an amount of income tax and/or capital gains tax equal to the tax deducted from his or her donations.
- The Gift Aid Declaration
Before a charity can reclaim tax on a donation by an individual, it must have received a Gift Aid declaration from the donor containing certain information and confirming that the donation is to be treated as a Gift Aid donation. Without this declaration, a donation from an individual will not qualify under the scheme.
All Gift Aid declarations must contain: