Gift Aid is a tax relief allowing UK charities to reclaim an extra 25% in tax on every eligible donation made by a UK taxpayer at no extra cost to you. For Example:
You donate £100 the government will contribute 25% of your donation as Gift Aid (£25 in this case), the total donation will be £125.
(£100 + 25% Gift Aid = £125 total donation)
When you donate, you’ll be asked to confirm whether or not you are a UK taxpayer. Please note that Gift Aid can only be reclaimed on donations made by individuals who pay UK income or capital gains tax at a rate at least equal to the amount reclaimed on their donations in the current tax year.
To make things easier in future, your Gift Aid status will be saved for the next time you donate. You can review this status each time you donate at the ‘Review and donate’ stage of the donation process.
Under UK law, certain donations are not eligible for Gift Aid. If your donation falls into any of the following categories, Gift Aid shouldn’t be claimed:
*What if I am not a UK taxpayer? - The Gift Aid scheme is unique to the UK, your donation will not be eligible for Gift Aid.
You may still be paying tax on a private pension plan or a savings account, or capital gains tax if you sell either some property or shares. You are still eligible if you have paid enough tax during the year to cover the amount we are reclaiming on your donations.
A person living overseas can still claim Gift Aid provided that they are a UK taxpayer and can satisfy the Gift Aid declaration in the donation process.
If your donation isn't eligible for Gift Aid we will still send it to your chosen cause.
I authorise SKT Welfare to utilise my donation for the specific purpose stated, in the event that there is any surplus funds, for these to be used for general charitable purposes. I do not require a refund from the charity.