No matter how big or small your donation is with Gift Aid you can boost your donation even further.
What is Gift Aid?
Gift Aid is a system of tax relief which enables charities to claim back the basic rate of income tax paid on a donation made from private individuals, thereby increasing the value of the donation to The Children’s Hospital Charity.
How does Gift Aid work?
UK tax payers are eligible to claim Gift Aid on any donation made to The Children’s Hospital Charity. Once we have received your permission, by completing a Gift Aid declaration, we can claim the tax back on your donation. This means that the government will add an extra 25p to a donation of £1, at no extra cost to the person making the donation.
Am I eligible to pay Gift Aid?
Gift Aid can be declared by a UK tax payer. Even if you are unemployed, you can still declare Gift Aid on your donation if you are paying tax on any of the following:
- Personal or occupational pension
- Stocks and shares
- Bank and building society savings
- Rental income
- Overseas and UK investment dividends
If you would like to find out more visit www.hmrc.gov.uk