Gift Aid made easy
Gift Aid is a tax relief allowing UK charities to reclaim an extra 25% in tax on every eligible donation made by a UK taxpayer.
Claiming Gift Aid involves a bit of organisation but if you follow the simple steps below you can substantially increase the amount you raise for the BHF.
Know your events
Gift Aid only applies to personal, totally voluntary donations where the donor doesn’t receive anything in return. Donations from fundraising events such as bake sales, raffles, tombolas, prize draws, jumble sales and events that require the purchase of a ticket can’t be Gift Aided. However, if you receive any additional voluntary donation, then you can Gift Aid it as long as the donor is a taxpayer and completes a valid GA declaration. Personal donations in celebration or in memory are eligible for Gift Aid as long as they have been made by an individual, not a company. If in doubt, ask your BHF Fundraising Manager.
Have Gift Aid declarations ready
In order to claim Gift Aid we need permission from the donor to do so. They need to complete a Gift Aid declaration. Make sure the donor reads the form. If they are not UK tax payers or don’t pay enough tax, they shouldn’t Gift Aid their donations. It’s very important that the Gift Aid declaration includes the correct wording and information as, otherwise, we won’t be able to use it.
The current wording of the Gift Aid declaration is:
"[ ] Yes, I am a UK tax payer and want the British Heart Foundation to treat all qualifying donations over the last four years, today, and in the future, as Gift Aid donations.
I am a UK tax payer and I understand that if I pay less Income Tax and/or Capital Gains Tax than the amount of Gift Aid claimed on all my donations to charities and Community Amateur Sports Clubs (CASCs) in that tax year, it is my responsibility to pay any difference.
Please let us know if you want to cancel the declaration, change your name and/or address or no longer pay sufficient tax on your Income and/or Capital Gains.
A declaration must also contain the following information: the donor’s name, the donor’s home address, the name of the charity and, ideally, the date when it was completed."
A bit of admin
In order to claim the tax back from HMRC, the BHF needs to be able to link the donation to the Gift Aid declaration so it’s very important that you return the Gift Aid declarations to us with the money you have fundraised and how it has been fundraised. We will claim the free money back from HMRC.
You can download a Gift Aid donation form here or our Customer Service Centre will be happy to send you Gift Aid donation forms or envelopes. It’s best to download/request them as you need them – that way you will definitely be using an up-to-date form that contains the correct legal declaration.