Make your gift go further with Gift Aid
If you are a UK taxpayer then Fight for Sight can reclaim the tax on all individual donations you have made in the last four years and any future donations you may make until notified otherwise as part of the government's Gift Aid scheme. This mean that your donations could be worth an extra 28% without it costing you anything further. For example:
| If you donate | £25 | £50 | £100 |
|---|---|---|---|
| Your donation is worth | £32 | £64 | £128 |
| We can claim | £7 | £14 | £28 |
How Gift Aid works
Gift Aid is an easy and effective way to maximise the value of your donation to Fight for Sight. It can be used on donations of any amount made by cash, cheque, postal order, direct debit, standing order, debit card and even foreign currency (including the euro). Simply give Fight for Sight your permission to Gift Aid your donation and we will do the rest.
If you are making an online donation or completing a Direct Debit or donation form please make sure you tick the Gift Aid box. It's as easy as that.
If you would like to make a Gift Aid declaration after you have given, please use our donation form which can be downloaded here:
Information for higher rate tax payers
There is an extra benefit for our higher rate taxpayers as you are able to reclaim relief on the amount you have donated. We, as a charity, can claim the basic rate tax on the value of your gift, and you can reclaim the difference between higher and basic rate tax.
For example, if you give £100 to Fight for Sight, we can reclaim Gift Aid of £25 making your total gross donation worth £125. Being a higher taxpayer, you can reclaim on the gross donation another 20% (difference between the two tax bands), which is £25.
All you need to do is provide the details of your gift aid donations on your tax return or self-assessment form. What's even better, there are no limits so your gift to us can be as small or large as you wish. If you prefer, instead of claiming back the 20% difference for yourself, you can donate it to us.
The standard tax return form is now called the SA100 and HMRC have also introduced the SA100 Charity. If you are a higher rate tax payer this allows you to tick a box that states that you want any tax rebate (or part of it) to go to a single charity of your choice. You can download the form from:
http://www.hmrc.gov.uk/forms/sa100-charity.pdf
To donate your rebate to Fight for Sight, the unique charity code for question 5 is XAG44NG.
For further information you can visit the HMRC website:
http://www.hmrc.gov.uk/individuals/giving/tax-return.htm
1. To be eligible for Gift Aid you must pay an amount of income tax and/or capital gains tax (including tax you may pay on your savings) at least equal to the tax that we reclaim on your donations in the tax year (currently 25p for each £1 you give). HMRC will also be operating transitional provisions for Gift Aid donations made from 6 April 2008 until
5 April 2011, paying a government supplement of 3p on every pound you give.
2. You only need to make one declaration. This will cover all your donations to Fight for Sight in the last six years and in the future, until you notify us otherwise.
3. Fight for Sight must have a current record of your name, address and postcode in order for us to reclaim tax on your donations. Only Fight for Sight and HMRC will have access to this information.
4. You must notify us if your circumstances change and you no longer pay an amount of tax equal to the amount we reclaim on your donations, or if you change your name or address.
5. Gift Aid can not be applied to donations made through charity vouchers as these gifts are already tax effective.
6. You may cancel this declaration at any time by notifying us.
If you are unsure whether your donations qualify for Gift Aid or have any questions contact Annu Mayor:
020 7929 7755
annu@fightforsight.org.uk