What is Gift Aid?
What is Gift Aid?
Gift Aid is a scheme which allows charities such as WWF-UK to reclaim basic rate tax paid on any money donated to them by UK tax-payers.
How does it work?
As a UK taxpayer you will pay tax on your earnings, savings or pensions, at either a basic rate of 20% or a higher rate of 40%. If you make a donation to charity, this donation will come from money that you have already paid tax on. As a charity, we can reclaim this tax back from the Government. This means that if you donate £10, and use Gift Aid, it’s actually worth £12.50. Which is great news for us! And because this additional money comes to us straight from the government, not out of your pocket, you would still only be giving us £10 of your own money. Which is great news for you!
The money that we claim back from HMRC as part of the Gift Aid scheme will be treated as unrestricted funds and used to support our general work, even if your original donation was made towards a specific project.
Making sure you’ve paid enough tax to use Gift Aid
Making sure you’ve paid enough tax to use Gift Aid
You can use Gift Aid if the amount of Income Tax and/or Capital Gains Tax you’ve paid in any tax year (from 6th April one year to 5th April the next) covers the amount of tax we will reclaim on your donations. If you have not paid enough tax then it is your responsibility to pay the difference.
For advice on how to check if you’ve paid enough tax to use Gift aid, please visit the HMRC website.
Claiming back higher rate tax
If you pay higher rate tax, you can also claim the difference between the higher rate of tax (40%) and the basic rate (20%) on the total (gross) value of your donation.
For more information on claiming back higher rate tax please visit the HMRC website.
Make a Gift Aid declaration
Make a Gift Aid declaration
All you need to do is fill out the form below and we can claim the tax back on all donations you have made to us for the past four years, and on any future donations you may make.
You can cancel your gift aid declaration at any time and if your tax status or personal details change, please let us know.