Overview
This guide can help you use the transaction History of the Gift Aid page and general information. Gift Aid allows charities to claim an additional 20% for each donation when the donator selects Gift Aid.
(An additional 25p for every £1 donated in a charitable donation transaction)aims to provide you with useful information about gift aid and its transactions.
When someone chooses to add gift aid, charities can claim an extra 25% for each donation. Gift aid can be applied to both card and open banking donations, resulting in an additional 25 pence for every £1 donated to a charitable cause.
Info |
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Claiming |
gift aid | Donor |
specifications |
To claim gift aid, follow these steps: 1. Go to the gift aid reporting page. 2. Select the gift aid tab to see the transactions that have been paid with |
gift aid selected. |
3. You can filter the transactions by date if needed. 4. To download the transactions, select ‘Export to CSV’ at the bottom of the table. 5. You will then need to disclose this transaction data to HMRC to claim |
gift aid. | For |
gift aid to be claimed, the donor must
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To claim |
gift aid, you must be recognised as a charity or community amateur sports club (CASC). | |
Example
The donator is a basic rate taxpayer and pays HMRC over earnings of £125, £25 in tax (20%). The donor is left with £100, which they donate to charity. When the donor makes a Gift Aid gift aid declaration, the charity can claim the tax paid to HRMC, i.e. £25. This means that the total donation received after claiming Gift Aid gift aid is £125.