Gift Aid is a terrific concept which means we could benefit from an extra 25p for every £1 you donate, at no extra cost to you! This is how it works: if you donate or pledge sponsorship money to a registered charity and you are a UK taxpayer (i.e. you pay income tax or capital gains tax on your wages, savings and/or investments) and you ‘Gift Aid’ your donation, for every £1 you give us, we can claim and extra 25p from HM Revenue and Customs. This extra bit comes out of what you have paid (or will pay) HMRC in that tax year. It doesn’t cost you anything extra and you don’t have to worry about complicated calculations or anyone knowing any of your private information.
We are encouraging as much sponsorship as possible to happen online through either Virgin Money Giving or Just Giving since the Gift Aid payments are made automatically. This is far more efficient and cost-effective for the Hospice.
If you use paper sponsorship forms, all you have to do is put your first and last name, your full home address (or at least your house name or number and full postcode) and tick the Gift Aid column.
Please note that for us to claim gift aid for on any of your sponsor’s donations, every element must be completed correctly and legibly. Please note that a donor who is not a UK taxpayer should not tick the Gift Aid column.
Donations and sponsorship paid by charity cheque or voucher or paid from a business cannot be Gift Aided.
If you have any questions about Gift Aid, please do not hesitate to contact us on 020 8446 2288.