Gift Aid is a government scheme which enables charities to reclaim 25p of every £1 donated by tax-paying individuals. The scheme also allows charities to reclaim 25% of the sale price of donated goods sold in charity shops.
For St Michael’s Hospice, this amounts to a whopping £100,000 that could potentially be recovered from the Inland Revenue if all our donors were registered for Gift Aid.
What can I do to help?
When you take your donated goods to any of our charity shops, just ask to register for Gift Aid, provided that you are a tax-payer. You will be asked to fill in a short form and then you’ll be given a unique donor number on a handy plastic card. Each time you bring in a donation, hand over your card and your donor number will be written onto each item so that 25% of the selling price can be recovered.
Once a year, we will write to you telling you how much Gift Aid has been reclaimed from your donations (this is a legal requirement).
Do I have to be a tax payer?
Yes, you do have to be a UK tax payer and pay an amount of income and/or Capital Gains Tax at least equal to the tax that we reclaim on your donations. You can find out more about Gift Aid on the Inland Revenue website: http://www.hmrc.gov.uk/individuals/giving/gift-aid.htm
I donate goods regularly. Will I have to complete a form every time?
No, you just complete one initial form; just make sure that you provide your donor number every time you donate.
I have noticed that other charities run the scheme already
Yes, the potential extra income that can be raised from this scheme is tremendous. By choosing to donate your unwanted items to St Michael’s Hospice, you can be sure that your donation raises as much money as possible, and at no extra cost to you.