Gift Aid Explained

What is 'Gift Aid Declaration'?

It is a declaration in which you authorise a charity to claim back the income tax you have paid to the government. The declaration authorises the charity to claim back the tax you have paid.

Who is eligible?

You are eligible to authorise a charity to reclaim the tax on your donations if:

You are an individual UK taxpayer, and;
The amount of tax that the charity will reclaim does not exceed the amount of tax you have paid in that tax year.

Who receives the tax refund?

CHILDS Trust claims the tax that you have paid, from the Inland Revenue. For CHILDS Trust to reclaim the tax refund you must authorise them by signing a Gift Aid Declaration form, verbally over the telephone or on the Internet.

How much is the tax refund?

The Inland Revenue gives CHILDS Trust 28p for every £1 that you give as a donation (an additional 28% that can make even more difference). If you donate £10 then CHILDS Trust can claim an additional £2.80 from the Inland Revenue giving a total of £12.80.

What if I am a Higher Rate taxpayer?

If you pay tax at the Higher Rate, Inland Revenue will give back 40p for every £1 that you give as donation; the charity can claim 28p and you can claim the remaining 12p for yourself.

How do I cancel my Gift Aid Declaration?

If your circumstances change and it is no longer appropriate for CHILDS Trust to reclaim then you can cancel your declaration at any time by contacting CHILDS Trust.