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How does GiftAid work? GiftAid is one of the easiest and most effective ways of giving
to Endometriosis UK. It can be used on donations of any amount,
large or small, by cash, cheque, postal order, direct debit,
standing order, debit or credit card or even foreign currency
(including the Euro). To set this up, you
simply have to give Endometriosis UK express permission to GiftAid
your donations and that's it - we'll do the rest. If you are raising money for Endometriosis UK, your sponsors can pay Gift Aid too. They just need to tick the Gift Aid box on your sponsorship form or make a Gift Aid declaration when sponsoring you on your online sponsorship page if they pay UK tax.
As long as you pay as much tax (income and/or capital gains) as Endometriosis UK will be reclaiming on your donations in the same financial year, you are entitled to use GiftAid. For example, if you wish to GiftAid charitable donations that total £100 in one year, you will need to have paid at least £28 in tax that tax year. What's more, if you are a higher rate taxpayer looking to reclaim tax from your donation, all you have to do is remember to include details of your charitable gifts on your tax form |
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