Use Gift Aid to boost charitable giving
The Gift Aid scheme allows UK charities and Community Amateur Sports Clubs (CASCs) to reclaim basic rate tax on your donation. If you pay higher rate tax, you can reclaim the difference between the basic and higher rate tax bands via your self assessment form or alternatively using the form P810. The reclaimed amounts can then also be given directly to a charity if you choose to do so. To ensure the charity can reclaim the tax, they will ask you complete a simple Gift Aid form when making your donation.
Between 6 April 2008 and 5 April 2011 the charity will also get a Government supplement of 3p on every pound you give. This ‘transitional relief’ for the charity does not affect your personal tax position.
For further details on the Gift Aid scheme visit the Gift Aid - Frequently Asked Questions page on the HMRC website.
