Gift Aid
Did you know you can increase the value of your gift by 25% at no additional cost to you?
What is Gift Aid?
When you make a donation to the Anaphylaxis Campaign, we are able to claim back the tax that you have already paid on the donation. This programme is called Gift Aid and amounts to an extra 25p for every £1 that you give.
Are my gifts eligible?
If you are a UK tax payer and have completed a Gift Aid Declaration, your gifts are most likely eligible.
You can use Gift Aid if the amount of Income Tax and/or Capital Gains Tax you’ve paid for the tax year in which you make your donation is at least equal to the amount of basic rate tax The Anaphylaxis Campaign will be reclaiming on your gift. A tax year runs from 6 April one year to 5 April the next. If you make a number of Gift Aid donations, you will need to consider the tax you’ve paid on each donation on an accumulative basis. If you don’t pay enough tax you may be required to pay any shortfall in tax to HMRC.
Remember, you don’t necessarily have to be working to be paying tax. Apart from tax on income from a job or self-employment, the tax you’ve paid could include:
- tax deducted at source from savings interest
- tax on State Pension and/or other pensions
- tax on investment or rental income
- Capital Gains Tax on gains
What is my gift worth?
You can work out how much your donation is really worth by using our Gift Aid calculator:
Click on the calculator to go to a page where you can calculate the final value of your Gift Aid donation
What about higher rate tax payers?
If you pay a higher rate of income tax, either at 40% or 50%, you can claim the difference between the basic rate of tax reclaimed by the charity and your highest rate. This can be done via your self assessment tax return. For more information about how to do this, and the amount that this relief could be worth to you, click here.
