If you accept donations in the UK and don’t allow donors to donate with Gift Aid, then you’re leaving money on the table. UK charities can claim an extra 25 cents for every pound sterling their donors give when they sign up for the UK tax scheme.
Gift Aid is a program that was implemented by the UK government to encourage donors to give more through a tax relief incentive. Under the program, UK income tax taxpayers complete a declaration that they are UK taxpayers.
Any donation the taxpayer makes to a charity will be treated as if it was made after income tax deduction at the base rate of 20%. The charity can then claim the basic rate income tax paid on the HMRC gift. For a base rate taxpayer, this adds approximately 25% to the value of any gift made under this program.
We’ve created the plugin to be an all-inclusive package that has everything you need so you can start accepting Gift Aid through your online donation forms powered by GiveWP.
Upon activation, the plugin includes default settings with meticulously written content that will give your donors a clear understanding of what Gift Aid is and why they should choose to donate with it.
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If you accept donations in the UK and don’t allow donors to donate with Gift Aid, then you’re leaving money on the table. UK charities can claim an extra 25 cents for every pound sterling their donors give when they sign up for the UK tax scheme.
Gift Aid is a program that was implemented by the UK government to encourage donors to give more through a tax relief incentive. Under the program, UK income tax taxpayers complete a declaration that they are UK taxpayers.
Any donation the taxpayer makes to a charity will be treated as if it was made after income tax deduction at the base rate of 20%. The charity can then claim the basic rate income tax paid on the HMRC gift. For a base rate taxpayer, this adds approximately 25% to the value of any gift made under this program.
We’ve created the plugin to be an all-inclusive package that has everything you need so you can start accepting Gift Aid through your online donation forms powered by GiveWP.
Upon activation, the plugin includes default settings with meticulously written content that will give your donors a clear understanding of what Gift Aid is and why they should choose to donate with it.
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