Make your donations go further with Gift Aid

Gift Aid allows charities to receive extra pennies for every pound donated at no extra cost to the giver. So, if you are a UK basic rate taxpayer, a donation of £100 to Paul Sartori Foundation can be Gift Aided and it means you will actually be giving us more!  So much more money is raised and all you have to do is tick a box! (The amount able to be reclaimed depends on government legislation -and as this has changed over the years we thought it best not to be specific!)

Gift Aid – the facts

  • For individuals, the Gift Aid rules require the completion of a short Gift Aid Declaration form. 
  • If making your “donation online”, you will be prompted to tick the Gift Aid declaration if you are a UK tax payer, click just giving - for on line donations.
  • Gift Aid can be claimed on individual and sponsorship donations that are made to Paul Sartori Foundation. 
  • Gift Aid applies only to ‘gifts’. So, we can’t claim Gift Aid on entry fees for events or competitions. This also extends to activities where we do not have a name and address for the donor (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.
  • You only have to complete one Gift Aid form to secure relief on all donations in the last six years until your tax liability changes. You must let us know if you stop paying tax at the basic rate.

Gift Aid declarations

Paul Sartori Foundation receives valuable income in Gift Aid – just by people ticking a box. If you make a donation online, with just one click Gift Aid can be claimed. If you prefer to send in a cheque, we will send out a very short Gift Aid form to you to complete and return to us. You only need to complete one Gift Aid form for all donations.

Any charity has to be able to trace the receipt of any donation on which Gift Aid is claimed, so it’s incredibly important that any forms sent back to us are accurate. All Gift Aid Declaration Forms should include the following:

  • The name of  Paul Sartori Foundation
  • The full name and home address of the person making the donation,including their postcode. Donations cannot be made jointly.
  • A statement that the individual pays an amount of income and/or capital gains tax that is at least equivalent to the tax that Paul Sartori Foundation will claim from HM Revenue & Customs (this is already on our standard form) and that the person wants his or her donations to be treated as Gift Aid donations.

Gift Aid on Self Assessment Tax Returns

  • From 6 April 2004 any person filling out a tax return is able to nominate that any tax refund due to them is paid to a charity instead.
  • You can also ask that the payment is treated as a Gift Aid donation which increases the value to the charity and means they do not have to make a claim for it – reducing the paperwork!
  • If you would like to donate your refund to Paul Sartori Foundation, we are registered for this scheme and we have a  unique HM Revenue & Customs reference code - XN62932 – simply enter the code into the space provided on your Self Assessment return and everything will be done for you.
  • For more details please visit the HM Revenue and Customs site at www.hmrc.gov.uk/charities-donors

Higher rate tax payers

If you are a higher rate tax payer, you can also benefit from Gift Aid. Here is an example of how it can work on a £100 donation:

  • You make a donation of £100
  • For higher rate tax payers, tax relief is also given for the difference between a basic ( eg. 20%) and a higher rate (eg. 40%) income tax.
  • The charity reclaims the basic rate of tax @  eg.20%. So for example, donating £100 through Gift Aid would see £125 going to Paul Sartori Foundation
  • The higher rate tax payer would also receive tax relief on the basis of  eg. 20% of £125 (ie £25) through your self assessment tax claim.
  • In this example, for a higher rate taxpayer, the donation of £125 to the charity only costs you £75.

 

Forms are available from Paul Sartori Foundation – not yet available online.