It’s #GiftAidAwarenessDay! But what is Gift Aid?
At Brendoncare, we are so proud to be able to offer charitable support to residents and members through our Care for Life promise and Access Fund. With your generous donations, we are able to give residents reassurance that they have a home for life even if their financial situation changes and, for club members, we cane ensure that lack of funds doesn’t prevent them from joining in the fun.
We fundraise in so many ways; whether you want to take on a challenge event and climb Everest, or if a bake sale is more your style. There are lots of ways to get involved and support Brendoncare. But, the easiest way to make the biggest difference? GIft Aid!
What is Gift Aid?
Gift Aid is a tax relief for charities in the UK to increase donations – at no extra cost to you as the donor. When a charity receives a donation from a UK taxpayer, the organisation is entitled to claim an extra 25% paid on that donation.
How much do we raise in Gift Aid?
In 2020, Brendoncare received almost £8,500 in Gift Aid!
What that money could do?
As you can see, that extra 25% can make a real difference. The additional £8,500 we receive in Gift Aid could offer so much. Just a couple of options are:
- Offering 59 people free membership to our community services via the Access Fund
- Purchasing 85 robotic therapy pets for residents in our care homes
The more of our donors who complete eligible Gift Aid declarations, the more we can raise. Ultimately, the sky’s the limit!
What do you need to do?
It’s as simple as ticking the box on the Gift Aid declaration form and providing some basic personal details, which then allows the charity can claim 25p for every £1 given.
Once you have given your permission by filling in the Gift Aid declaration form, there is no need for you to do anything else!
Who qualifies to donate through Gift Aid?
For charities to claim Gift Aid on a donation, you must have paid UK income tax or capital gains tax that tax year, at least equal to the tax that the organisation will reclaim on your donations.
Even if you are not currently employed you are eligible to make Gift Aid payments so long as, at some point in the tax year in which you make the donation, you pay enough tax on any of the following:
• Personal or occupational pension
• Stocks or shares
• Bank or building society savings accounts
• Rental income
• Overseas or UK investment dividends
If you want to find out more, simply email our friendly fundraising team at email@example.com or give us a call on 01962 852133.