If you are a UK taxpayer, paying income tax and/or capital gains tax, you can make your gifts worth almost 28 per cent more, at no extra cost to you. For every £10 donated, Christian Aid can claim an additional £2.82 from the Inland Revenue, making your gifts worth even more to the communities where we work.
As long as you pay enough tax in the year to match the tax that Christian Aid claims back, your donation will qualify. For example, if you donate £100 in the current tax year, Christian Aid could claim back £28.00 from the Inland Revenue. To qualify for Gift Aid you must have paid £28.00 over the course of the tax year. Tax year is 6 April one year to 5 April the next.
If you pay tax at the higher rate of 40 per cent, Christian Aid can still only reclaim tax at the basic rate of 20 per cent. The benefit to Christian Aid works out at 28p for every £1 you give. If you wish, you can reclaim the remainder on your tax return.
If you pay tax at the lower rate of 10 per cent, Christian Aid can still reclaim tax at the standard rate of 20 per cent. The benefit to Christian Aid works out at 28p for every £1 you give. You must have paid enough tax in this tax year for Christian Aid and other charities to reclaim. Tax year is 6 April one year to 5 April the next.
Yes. The rules for capital gains tax, which are applied to unearned income such as interest from savings, are the same as they are for income tax.
Just let us know and we will make sure that tax is only reclaimed on gifts up to the date you contact us. Call 0845 3300 500 or click here
Please let us know if you move house or any of your details change, to help us keep our records up to date. Call 0845 3300 500 or click here
As long as the total amount of tax you pay each year is more than or equal to the tax that Christian Aid and other charities reclaim – currently 28p for every pound given – your gift will still qualify for Gift Aid. If you stop paying tax altogether, please let us know and we will stop reclaiming tax on your donations from the day you contact us. Call 0845 3300 500 or click here.
The Chancellor has agreed to offset the reduced amounts of Gift Aid that charities can claim by granting ‘transitional relief’ for the 3 years from April 2008. The benefit to Christian Aid works out at 28p for every £1 you give. This is made up of a 25p refund on the tax you have already paid and an additional 3p is a transitional tax relief. contact us.