If you pay tax and sign a Gift Aid Declaration then TBS can reclaim an extra 25p for every pound given as a donation or paid as a subscription.
Paying tax refers to tax actually paid ie for amounts above the tax-free allowances, including:
- income tax whether collected by employer or pension fund or paid separately by yourself,
- tax on interest,
- tax on dividends from shares and unit trusts, and
- capital gains tax.
If you pay tax at the higher rate you can also claim your own tax reduction by declaring the gifts on your tax return.
You can make a declaration once, and then it applies for all gifts in any of the past four years and into the future, you do not need to make a new declaration for each future gift or payment.
However HMRC have made some changes to the wording of declarations and so if you have not made a declaration since the start of 2014, please will you make a new one now. (HMRC from time to time change the wording of the declaration but declarations made earlier remain valid.)
You can make the declaration by completing the following form and clicking SEND (you do not need to print and post anything). Please give your legal first name as on your passport even if it is not the one you commonly use. Please check that the declaration accurately reflects your circumstances and amend the words about the past four years if needed, then click SEND.
Alternatively you can download, print and post or email to us the following GIFT AID FORM.
If you have any questions please call the Chairman on 01483 797807 or email: firstname.lastname@example.org
Thank you for helping in this valuable way.