Can you ?
The gift aid scheme allows us to reclaim tax from the Government on donations that we receive from UK taxpayers.
For every one pound that you donate, the Wordsworth Trust can claim an extra 25 pence. So your £25 subscription to the Friends of the Wordsworth Trust, for example, would be worth £31 to us with gift aid.
If you are a UK taxpayer, and provided that the amount you pay in income tax and / or capital gains tax is not less than the tax relief that will be claimed on all the charitable donations that you make in that tax year, you can consent to our claiming the gift aid. You can do this using our gift aid form (PDF).
Provided you meet the above conditions, gift aid can apply to donations of any size, made by cash, cheque, postal order, direct debit, standing order, debit or credit card and even in a foreign currency.
Please note that if you pay less income tax and / or capital gains tax than the amount claimed on your donations in that tax year, it is your responsibility to pay any difference.
If you are already consenting to our claiming gift aid on your donations to the Wordsworth Trust and your tax status changes, please remember to let us know.
If you pay income tax at the higher or additional rate, you can also benefit from tax relief. You could claim back between £6 and £9 of your £25 subscription to the Friends of the Wordsworth Trust for example, depending on your specific circumstances. You will need to include all the donations on which gift aid has been claimed on your self-assessment tax return, or you can ask HM Revenue & Customs to adjust your tax code.
For more information, speak to Mark Bains, Development Manager: 015394 63515.