If
you are a UK tax payer then your gift to Street Kids Direct could
be worth an extra 28p for each £1 you donate through Gift Aid! What is Gift Aid?
Gift Aid provides a great opportunity for Street Kids Direct donors
to increase the value of their donations by up to
28%. Who can give with Gift Aid?
Any UK tax payer wishing to make a donation to a recognised UK
charity, large or small, regular or one-off can use Gift Aid
to maximise their donations.
By selecting ‘Gift Aid’ each time you make a
payment, Street Kids Direct will reclaim the tax from the
Inland Revenue and add it to the donation, meaning your gift
will help more children. Complete the Gift Form and return
it to us with your donation.
Donors who pay a higher rate of income tax can claim the difference between
the higher rate of 40% and the basic rate of 22% on the gross amount.
If you pay a lower rate (10% or 20%), Street Kids Direct can still
claim back 28p for each £1 you donate, provided you pay enough
tax to cover the claim. With effect from the tax year 2003/2004,
donations can be off-set against any unused tax paid in the previous
year.
Where can I find out more?
The Inland
Revenue has compiled extensive guidance notes on the
subject of Gift Aid which should answer any further queries you
may have. |