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SPONSORSHIP?&?GIFT?AID?FORM? Please?photocopy?the?original?sponsor?form?before?completing?if?you?require?more?than?one?copy? Event? Name?:? Great? Inverse? Bike? Ride? Event? Date?:? Sunday?14? June,

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What is sponsorship amp gift aid?

Sponsorship and Gift Aid is a program that allows UK taxpayers to increase the value of their charitable donations by allowing the charity to claim back the basic rate of tax on eligible donations.

Who is required to file sponsorship amp gift aid?

Charities and eligible organizations in the UK are required to file for Sponsorship and Gift Aid. It is not mandatory for individual donors to file.

How to fill out sponsorship amp gift aid?

To fill out Sponsorship and Gift Aid, organizations need to register with HM Revenue and Customs (HMRC) and follow their guidelines for reporting eligible donations and claiming back the tax.

What is the purpose of sponsorship amp gift aid?

The purpose of Sponsorship and Gift Aid is to encourage charitable giving by providing a financial incentive for donors. It allows charities to claim back the basic rate of tax on eligible donations, increasing the value of the donation.

What information must be reported on sponsorship amp gift aid?

When reporting Sponsorship and Gift Aid, charities and eligible organizations need to provide details of the donations received, including the amount, donor information, and declaration of eligibility for Gift Aid.

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