Boost your Donation with Gift Aid
Gift Aid is a UK tax incentive that encourages effective giving by individuals to UK charities and it applies to all donations of goods and money. Here's how it works:
- When you donate to a charity, you can choose to opt into Gift Aid.
- By saying "yes" to Gift Aid, you allow the charity to claim tax relief on your donation.
- For every £1 you donate, the charity receives an additional 25p through Gift Aid.
- So, if you donate £10, SOFA receives at no extra cost to you.
- Higher and additional-rate taxpayers can benefit further. If you pay 40% or 45% tax, you can claim extra tax relief on top of what the charity has already reclaimed. For higher-rate taxpayers, this means an extra 20%, and for additional-rate taxpayers, it's an extra 25%.
In summary, Gift Aid allows you to supercharge your charity donations, benefiting both you and us!
Say "Yes" to gift aid by completing the Gift Aid form: