Post by Admin on Oct 5, 2011 15:48:25 GMT
If you are a taxpayer, when you give to charities, you can sign a simple form called a "Gift Aid Declaration" which the charity provides.
The charity can then make an application to the taxman to reclaim the tax you have already paid!
This means is that for every £10 that is donated to Castledon, we claim a further £2.50 from the taxman.
THIS COSTS YOU NOTHING AT ALL, other than the time taken to sign the form!
Higher rate taxpayers benefit further because any gifts to charity serve to increase your basic rate tax band, meaning you pay less higher rate tax.
Gift Aid is a well known and extremely commonly used scheme, fully approved by the taxman and there is nothing you need to do other than sign the declaration which we provide and send it back to us.
By profession, AndyT is a Financial Advisor and he will be happy to answer any questions you may have about the scheme. Just send him a pm.
PLEASE, if you are a taxpayer, ask Andy for a Gift Aid Declaration so we can reclaim the tax you have already paid.
Thank you.
The charity can then make an application to the taxman to reclaim the tax you have already paid!
This means is that for every £10 that is donated to Castledon, we claim a further £2.50 from the taxman.
THIS COSTS YOU NOTHING AT ALL, other than the time taken to sign the form!
Higher rate taxpayers benefit further because any gifts to charity serve to increase your basic rate tax band, meaning you pay less higher rate tax.
Gift Aid is a well known and extremely commonly used scheme, fully approved by the taxman and there is nothing you need to do other than sign the declaration which we provide and send it back to us.
By profession, AndyT is a Financial Advisor and he will be happy to answer any questions you may have about the scheme. Just send him a pm.
PLEASE, if you are a taxpayer, ask Andy for a Gift Aid Declaration so we can reclaim the tax you have already paid.
Thank you.
If we havn't will get Derek to do one. Sorry for being vague 
